Petrol, diesel worth unchanged for 2nd consecutive day

New Delhi. Fuel prices inside the nation remained unchanged on Saturday as oil promoting firms decided to go on a pause mode and analyse the worldwide developments on oil prices sooner than effecting a revision. Accordingly, pump worth of petrol and diesel remained at Rs 90.40 a litre and Rs 80.73 a litre respectively in Delhi.

The worth of the two auto fuels had fallen by 16 paisa and 14 paisa per litre respectively on Thursday after a 15 day break when OMCs saved its prices static. Across the nation as correctly the petrol and diesel worth remained unchanged on Saturday nonetheless its retail ranges completely different relying on the extent of native levies on respective states.

Premium petrol, nonetheless, continues to remain over Rs 100 a litre in Mumbai and quite a few different completely different cities all through the nation.

The OMCs went on worth decrease for the first time this yr on two consecutive days – March 24 and 25 after conserving oil prices common for earlier 24 days. It as soon as extra lowered the worth on March 30. Thereafter, gasoline prices have remained unchanged for earlier 15 days sooner than falling as soon as extra on April 15. Earlier, petrol and diesel prices elevated 26 events in 2021 with the two auto fuels rising by Rs 7.46 and Rs 7.60 per litre respectively thus far this yr.

With worldwide crude rising as soon as extra and crossing $ 67 a barrel mark, OMCs would possibly have revise gasoline prices upwards as soon as extra. OMCs benchmark retail gasoline prices to a 15-day rolling widespread of worldwide refined merchandise’ prices and dollar commerce charge.