Petrol, Diesel Rates Remain Unchanged For A Week

Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts

    Despite daily revision of fuel prices being implemented since mid of last year, the price of fuel prices have remain unchanged over the last week. This has come in even as the international crude oil prices continue to soar.

    Petrol, Diesel Rates Remain Unchanged For A Week

    Of late, petrol prices have breached multi-year highs while diesel has hit new records. Prices were last increased on April 24 and currently petrol in New Delhi is priced at Rs. 74.63/litre while diesel is available for Rs. 65.93/litre at Indian Oil outlets.

    As per leading business news daily, leading OMCs have not been increasing the price of fuel in the wake of recent reports that hint at government's request to absorb a part of losses due to rising crude oil prices just ahead of state elections. The price de-regulation is only on a temporary basis and as per experts the losses shall be compensation with sharp price increase soon after the elections.

    Petrol price in the national capital hit a high of Rs. 74.63 per litre where as diesel stood at an all time high price. Since July 1, 2017, prices of petrol and diesel have surged by Rs 11.54/litre and Rs 12.6/litre in Delhi.

    Story first published: Monday, April 30, 2018, 15:56 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more