Longest pause in weeks, no change in petrol, diesel prices for 3 days
The oil marketing companies (OMC) continued to pause fuel price revision for the third consecutive day, the longest period in weeks, as global development on oil production has softened crude and product prices.
Accordingly, in the national capital, petrol continues to be sold for Rs 101.84 per litre, while diesel is also being sold at the unchanged price of Rs 89.87 a litre.
The pump price of fuel has been static since Sunday. It rose on Saturday with petrol being revised upwards by 30 paise per litre while diesel prices remained unchanged.
One of the main reasons for pause in fuel price rise is over 10 per cent fall in global oil prices with benchmark crude sliding to $69 a barrel from a high of over $77 barrel just couple of weeks back.
