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Petrol, Diesel Prices Likely to be Slashed by Rs 4-5 Per Litre From August 2023, Here's Why

Fuel Price Latest Update: The sharp jump in crude price during elections could pose risk to OMCs marketing earnings.

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Petrol, diesel prices unchanged for 13th consecutive day


Petrol, diesel prices unchanged for 13th consecutive day
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Last Updated: Apr 12, 2021, 12:14 PM IST
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Synopsis
Accordingly, pump price of petrol and diesel remained at previous days level of Rs 90.56 and Rs 80.87 a litre respectively in the national capital.
Fuel prices in the country remained unchanged on Monday with oil marketing companies continuing the pause mode and keeping petrol and diesel prices static for the 13th consecutive day.
Accordingly, pump price of petrol and diesel remained at previous days level of Rs 90.56 and Rs 80.87 a litre respectively in the national capital.
Petrol and diesel fell by 22 paise and 23 paise per litre respectively on March 30 in wake global softening of oil prices. OMC have decided to pause price revision since the as they want to watch the crude price movement that has now fallen to around $62.5 a barrel from remaining above this level in much of the previous weeks.

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