ETV Bharat / business

13 days on, fuel prices remain unchanged

Retails prices of petrol and diesel were last revised on January 30. However, petrol continues to be sold above Rs 100 per litre in parts of Rajasthan, Maharashtra and Madhya Pradesh. Diesel price is fast approaching the three-digit mark.

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Published : Mar 12, 2021, 12:49 PM IST

Updated : Mar 12, 2021, 12:55 PM IST

New Delhi: Fuel prices in the country have remained steady for close to two weeks now even though the global oil market remained volatile with regular variations in prices.

Accordingly, petrol continued to be priced at Rs 91.17 a litre and diesel Rs 81.47 a litre in the national capital, the reference market, on Thursday.

Fuel prices have not been revised for 13 days now.

Across the country as well the petrol and diesel price remained unchanged. But the pause has not helped in bringing down fuel prices that have crossed Rs 100 per litre (petrol) in several parts of the country.

Read More: Explained: What is Initial Public Offering?

Since the beginning of February crude has gained more than USD 7 per barrel that pushed OMCs to increase fuel prices on 14 occasions raising the prices by Rs 4.22 per litre for petrol and by Rs 4.34 a litre for diesel in Delhi. Crude is now sitting at around USD 69.5 a barrel.

The increase in the previous weeks has taken petrol to cross historic high levels of Rs 100 a litre in several cities across the country.

The petrol and diesel prices have increased 26 times in 2021 with the two auto fuels increasing by Rs 7.46 and Rs 7.60 per litre respectively so far this year.

(IANS)

New Delhi: Fuel prices in the country have remained steady for close to two weeks now even though the global oil market remained volatile with regular variations in prices.

Accordingly, petrol continued to be priced at Rs 91.17 a litre and diesel Rs 81.47 a litre in the national capital, the reference market, on Thursday.

Fuel prices have not been revised for 13 days now.

Across the country as well the petrol and diesel price remained unchanged. But the pause has not helped in bringing down fuel prices that have crossed Rs 100 per litre (petrol) in several parts of the country.

Read More: Explained: What is Initial Public Offering?

Since the beginning of February crude has gained more than USD 7 per barrel that pushed OMCs to increase fuel prices on 14 occasions raising the prices by Rs 4.22 per litre for petrol and by Rs 4.34 a litre for diesel in Delhi. Crude is now sitting at around USD 69.5 a barrel.

The increase in the previous weeks has taken petrol to cross historic high levels of Rs 100 a litre in several cities across the country.

The petrol and diesel prices have increased 26 times in 2021 with the two auto fuels increasing by Rs 7.46 and Rs 7.60 per litre respectively so far this year.

(IANS)

Last Updated : Mar 12, 2021, 12:55 PM IST
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