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Petrol, diesel prices steady for tenth day in a row
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Petrol, diesel prices steady for tenth day in a row
Mar 8, 2021 11:30 PM

The oil marketing companies (OMCs) kept petrol and diesel rates static for the tenth consecutive day on Tuesday.

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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, oil prices rose globally on expectations of a recovery in the global economy after US Senate approval of a $1.9 trillion stimulus bill and on a likely drawdown in crude oil inventory in the United States, according to news agency Reuters.

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