OIL & GAS

Petrol, diesel prices remain steady for 13th day in a row

The oil marketing companies (OMCs) kept petrol and diesel rates static for the 13th consecutive day on Friday.

Accordingly, petrol prices in Delhi remained unchanged at Rs 91.17 a litre, while diesel prices maintained its price line of Rs 81.47 a litre in the national capital, according to Indian Oil Corporation, the country’s largest fuel retailer.

In Mumbai, the petrol price remained unchanged at Rs 97.57 per litre on Monday. The cost of diesel also was the same at Rs 88.60 a litre.

The prices of petrol and diesel are reviewed by oil marketing companies such as state-run Indian Oil on a daily basis and any revision is implemented from 6 am in the morning.

Meanwhile, the Delhi government is in favour of bringing petrol and diesel under the Goods and Services Tax (GST) regime, Home Minister Satyendar Jain said in the legislative assembly on Wednesday.

Source
CNBC
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