Petrol, diesel prices steady amid drop in global crude rates

NEW DELHI: Consumers continue to get relief from rising fuel prices with oil marketing companies (OMCs) keeping pump prices of petrol and diesel unchanged post revision of duties by the state governments on Diwali eve.

Accordingly, their prices remained static for 13th consecutive day on Wednesday under the daily price revision mechanism followed by oil marketing companies.

The pump price of petrol in Delhi, which fell to Rs 103.97 a litre at 6 a.m. on the Diwali day on November 4 from previous day's Rs 110.04 a litre, remains the same. The diesel rates also remained unchanged in the capital at Rs 86.67 a litre.

In the financial capital Mumbai, petrol continues to be priced at Rs 109.98 a litre and diesel Rs 94.14 a litre.

Fuel prices remained static in Kolkata also with petrol being sold at Rs 104.67 a litre after being slashed by Rs 5.82 and diesel at Rs 89.79 per litre after reduction of 11.77 per litre in the first week of November.

Petrol prices in Chennai also continues to be Rs 101.40 per litre and diesel Rs 91.43 per litre. Across the country as well price of the fuel largely remained unchanged on Wednesday but the retail rates varied depending on the level of local taxes. (IANS)

Also Read: Fuel prices hold for a week despite firm global oil rates

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