Consumers have been spared of another increase in auto fuel prices with oil marketing companies (OMCs) deciding to keep petrol and diesel rates unchanged on Thursday.
This is second consecutive day of fuel price pause and follows slight softening in global oil market over demand concerns prime markets in Asia seeing rising cases of coronavirus.
With fuel prices spared of another increase, the price of petrol continues to remain at Wednesday’s level of Rs 92.85 a litre and diesel Rs 83.51 per litre in Delhi.
Across the country as well the petrol and diesel price remained static on Thursday but its actual retail prices varied depending on the level of local levies in respective states.
Before Thursday, OMC were revising fuel prices on every alternate day for last one week rather than undertaking changes on a daily basis as has been practise. Accordingly, the Wednesday’s price hold came after there was an increase in prices on Tuesday. These was no price increase on Monday as well.