Petrol, diesel prices remain unchanged for second consecutive day

Oil marketing companies decided to keep fuel prices unchanged on Saturday even though oil prices in global markets remained firm with benchmark Brent crude within a whisker of $56 a barrel mark.
Accordingly, petrol prices in Delhi remained unchanged at Rs 84.20 a litre, while diesel prices maintained its price line of Rs 74.38 a litre in the national capital.
Elsewhere in the country as well fuel prices remained at Friday’s level. This is second consecutive day when retail prices of auto fuel have remained static.
Petrol and diesel prices had increased on two successive days on Wednesday and Thursday taking gasoline to record high levels in Delhi while keeping its prices very close to record high levels in other metro cities.
The increase followed swift movement of crude oil prices that rose above $55 a barrel on Thursday.
It was hovering around $55.99 a barrel on Saturday. At Rs 84.20 a litre, petrol prices have breached the highest level in the national capital after October 4, 2018, when the rate had risen to Rs 84 a litre.