Oil marketing companies seem to have moved once again towards a revised fuel price mechanism, shifting to the practice of changing petrol and diesel rates after every couple of days rather than undertaking changes on a daily basis.
In the last few days, pump prices of petrol and diesel have been revised every two days but the practice had not helped consumers as even under this system prices have only moved up making the fuel dearer.
On Thursday, OMCs kept retail price of petrol and diesel unchanged. So petrol still costs Rs 96.66 per litre and diesel Rs 87.41 per litre in Delhi.
