State-run fuel retailers have kept basic prices of petrol and diesel unchanged at ₹47.93 per litre and ₹49.33 respectively since November 4 despite over 8% slump in their average crude import cost.
According to official data, public sector oil marketing companies (OMCs) have neither raised nor reduced petrol and diesel rates in last one-and-a-half months even as international oil prices remained volatile with benchmark Brent crude plunging below $70 a barrel on November 30 from the period’s peak at $84.78 on November 9.
State-run fuel retailers have kept basic prices of petrol and diesel unchanged at ₹47.93 per litre and ₹49.33 respectively since November 4 despite over 8% slump in their average crude import cost.
