Petrol, diesel prices unchanged all through metros for eighth consecutive day

Centre reconstitutes NITI Aayog governing council with PM as head

Oil promoting corporations (OMC) saved unchanged for the eighth consecutive day all through the 4 metros on Sunday.

Inside the capital, petrol was supplied for Rs 91.17 per litre on Sunday.

Equally, in Mumbai, Chennai and Kolkata, the fuel was priced at Rs 97.57, Rs 93.11 and Rs 91.35 per litre, respectively, all unchanged from the sooner ranges.

The surge throughout the retail prices comes no matter a surge in crude oil prices. Brent crude futures are presently over $69 per barrel.

After a spike in worldwide oil prices seen over the previous two weeks with crude worth leaping close to $67 a barrel, prices had fallen to spherical $63 a barrel but it surely certainly rose as soon as extra to cross $69 a barrel mark now after the OPEC+ option to proceed with crude manufacturing decrease in April.

In tandem with petrol prices, too have been unchanged in Delhi, Mumbai, Chennai and Kolkata at Rs 81.47, Rs 88.60, Rs 86.45 and Rs 84.35 per litre, respectively.

Petrol and have been rising repeatedly since February 9.

Inside the 14 will improve since then, prices have gone up by Rs 4.22 per litre for petrol whereas diesel charge has risen by Rs 4.34 a litre in Delhi.

The rise throughout the earlier weeks has taken petrol to cross historic extreme ranges of Rs 100 a litre in a variety of cities all through the nation.

The petrol and have 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.

Oil corporations’ executives talked about that petrol and diesel prices may improve further in coming days as retail prices may should be balanced in step with worldwide developments to cease OMCs from making loss on sale.




(Solely the headline and movie of this report may need been reworked by the Enterprise Regular employees; the rest of the content material materials is auto-generated from a syndicated feed.)

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