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Petrol, diesel prices remain stable for seventh day in a row
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Petrol, diesel prices remain stable for seventh day in a row
Apr 5, 2021 11:15 PM

The oil marketing companies (OMCs) kept fuel prices remain unchanged across the four metros for the seventh consecutive day on Tuesday.

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Accordingly, the price of petrol and diesel stood at Rs 90.56 and Rs 80.87 per litre respectively in Delhi, as per Indian Oil Corporation, the country's largest fuel retailer. In Mumbai, the petrol price remained unchanged at Rs 96.98 per litre on Monday. The cost of diesel also was the same at Rs 87.96 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.

On the global front, oil prices rose early on Tuesday as a drop in the US dollar made crude a more attractive buy, paring losses of more than 4 percent incurred overnight on the prospect of producers returning more than 2 million barrels per day of supply to the market by July, according to news agency Reuters.

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