However, petrol and diesel prices remained unchanged on Monday after increasing for four consecutive days.
There has been a constant rise in the prices of petrol and diesel for the past six days and the rates are soaring at an all-time high. The prices of petrol and diesel remained steady on October 4, 2021 but saw a hike after that.
Since September 5, when both petrol and diesel prices were revised, the price of petrol and diesel in the international market is higher by around $8-9 per barrel as compared to average prices during August.
In Mumbai, the petrol price was stable at Rs 107.26 per litre while the diesel rate increased to about Rs 96.40 a litre.
The daily review and revision of prices are based on the average price of benchmark fuel in the international market in the preceding 15-days, and foreign exchange rates.
The long price pause for auto fuels came after fuel prices increased for 41 days in the current financial year.
The week-long price pause comes after fuel prices increased on 41 days and remained unchanged on 44 days since May 1.
After hitting new highs a day earlier, fuel prices rose once again on Tuesday taking petrol rates to cross Rs 100 per litre mark in several cities across the country.
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New Delhi: Petrol and diesel prices were unchanged across the four metros for the 10th day in a row. In the national capital, petrol was sold for Rs 90.40 per…
New Delhi: Fuel prices in the country finally fell on Thursday with oil marketing companies deciding to pass the benefit of softer global oil prices earlier this month to the…
New Delhi: Fuel prices in the country remained unchanged on Wednesday with oil marketing companies continuing on the pause mode and keeping petrol and diesel prices static for over a…
New Delhi: Oil marketing companies (OMC) kept petrol and diesel prices unchanged for the 12th straight day across the four metro cities on Sunday. In the national capital, petrol was…
New Delhi: Fuel prices in the country have remained steady for a fortnight now even though global oil market remains volatile with regular variations in prices. Accordingly, petrol continues to be priced at Rs 91.17 a litre and diesel Rs 81.47 a litre in the capital on Saturday. Fuel prices have not been revised now […]
Bhubaneswar: Holding Centre and State government accountable for rising petrol and diesel prices, the Odisha Congress workers on Monday observed a six-hour-long bandh from 7 AM to 1 PM and staged ‘rail roko’ agitation across the State demanding an immediate reduction in fuel rates. Claiming that the state-wide shutdown by the Congress was a big […]
New Delhi: Petrol and diesel price rise continued on the pause mode on Monday, the third consecutive day of no price change, as oil marketing companies decided to watch the revolving oil market before taking a call on further changes. Before the pause, petrol and diesel prices had risen sharply on Thursday and Friday, taking […]
New Delhi: Petrol and diesel prices rose sharply by 35 paise per litre on Thursday after oil marketing companies decided to break a week-long pause in price revision, taking note of a surge in global oil prices as benchmark Brent crude touched $59 a barrel. Accordingly, retail price of diesel increased to Rs 76.83 a […]
New Delhi: Petrol and diesel prices witnessed the steepest single-day hike in several months on the Republic Day on Tuesday as oil marketing companies raised the prices of the two auto fuels by 35 paise per litre. With the latest increase, petrol is available at a record high of Rs 86.05 a litre in Delhi […]
New Delhi: Petrol and diesel prices rose sharply again on Friday reaching new all-time high levels as oil marketing companies decided to break the pause in revision of auto fuel prices to bridge the widening under recovery. Accordingly, the pump price of petrol increased between 22-25 paise per litre across all major metros on Friday […]
New Delhi: Petrol and diesel prices remained unchanged on Wednesday after oil marketing companies went on a pause mode to provide relief to consumers after prices of auto fuels went up consistently for the past few days. Accordingly, petrol continues to be sold at Rs 85.20 a litre in Delhi while diesel prices also remained […]
New Delhi: Petrol and diesel prices remained unchanged on Sunday after oil marketing companies decided to wait and watch the global oil price movement before taking the next course of action. Accordingly, in the national capital, petrol continued to be sold at the new record high level of Rs 84.70 a litre while diesel prices […]
New Delhi: Petrol and diesel prices rose sharply by 25 paisa per litre on Thursday, second consecutive day of similar rise, after oil marketing companies decided to break the pause in price revision in wake of a sudden spike in global oil prices. Accordingly, in the national capital, petrol was sold at the new record […]
Bhubaneswar: Petrol prices hit a record high in Bhubaneswar on Wednesday after the state-owned fuel retailers hiked the rates following a five-day hiatus. A customer has to shell out Rs 85.09 for one litre of petrol, an all-time high, informed General Secretary of Utkal Petroleum Dealers Association, Sanjay Lath today. With the fresh hike, petrol […]
New Delhi: Auto fuel prices are on the upswing in the country with the pump price of petrol set to breach all-time high levels next week. The oil marketing companies (OMCs) on Sunday increased the retail price of petrol by 28 paise per to Rs 83.41 a litre in Delhi. Similarly, diesel price also increased […]