Fuel prices remain steady; revisions expected next month

| | New Delhi
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Fuel prices remain steady; revisions expected next month

Thursday, 29 April 2021 | IANS | New Delhi

Fuel prices in the country remained unchanged on Wednesday as oil marketing companies decided to wait for state elections to get over before restarting daily revision of petrol and diesel prices in line with price movement globally.

Sources indicated that price revisions may begin early next month after results to state elections are declared. However, whether price of petrol and diesel would move up or down would depend on average global price in the last fortnight of March.With no price change on Wednesday, pump price of petrol and diesel remained at `90.40 a litre and `80.73 a litre respectively in Delhi. This is the 14th consecutive day when fuel prices have not been revised. The price of the two auto fuels had fallen by 16 paisa and 14 paisa per litre respectively on April 15 after a 15 day break when OMCs kept its prices static. Thereafter revision of fuel prices have been halted.

Across the country as well the petrol and diesel prices remained unchanged on Wednesday but its retail levels varied depending on the level of local levies on respective states.

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