No Change In Petrol, Diesel Rates

No change in petrol, diesel rates

New Delhi : , Sunday, November 21st, 2008: Petrol and Diesel prices are unchanged following the Diwali revisions by the State and Central governments.This provides consumers with a continuing relief.
Under the daily price revision system followed by oil marketers companies, diesel and petrol prices remained stable for 17 consecutive Sundays.

 No Change In Petrol, Diesel Rates-TeluguStop.com

At 6:05 a.m., the pump price for petrol in Delhi fell to Rs103.97 per litre from Rs 110.04 per litre the day before.It remained unchanged on Sunday.

Diesel prices in Delhi remained the same at Rs.86.67 per litre.

Mumbai’s financial capital continues to have petrol at Rs.109.98 per litre, and diesel at Rs.94.14 per litre.

The prices remained stable in Kolkata on Sunday, where petrol and diesel were reduced by Rs 5.82 to Rs104.67 per Liter.

The petrol price for Chennai was also at Rs 101.40 per Liter and the diesel price at Rs 91.43 Per Liter.

Prices remained stable across the nation on Sunday, but retail prices varied according to the local tax.

Global crude oil prices have fallen to $80 barrel, after reaching a three-year high of more than $85 per barrel.Although crude oil prices have fallen due to rising US inventories, OPEC+’s December decision to increase production only gradually could cause further increases.

Oil companies could be forced to raise fuel prices again by this pressure.

Diesel prices rose on 30 of the last 58 day, bringing its retail price to Delhi at Rs 9.90 per Liter.

The petrol prices also rose on 28 days out of 54, bringing the pump price up by Rs 8.85 per Liter.

The prices of a litre have increased more than 26 per cent since January 1, 2021.

This was the first time that the Centre had cut excise duties since the outbreak of the Covid pandemic.To mobilize more resources to support Covid relief, the government had actually increased excise duty for petrol and diesel in March and May.

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