Oil companies keep petrol, diesel prices unchanged for 11th day

Fuel prices in the country remained unchanged for the 11th day on Monday as oil marketing companies decided to go on a pause mode and analyse the global developments on oil prices before effecting a revision.

Accordingly, pump prices of petrol and diesel remained at Rs 90.40 a litre and Rs 80.73 a litre respective in Delhi.

The price of the two auto fuels had fallen by 16 paise and 14 paise per litre respectively on April 15 after a 15-day break when OMCs kept its prices static. Thereafter revision of fuel prices has been halted.

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

Premium petrol, however, continues to remain over Rs 100 a litre in Mumbai and several other cities across the country.

The OMCs went on price cut for the first time this year on two consecutive days – March 24 and 25 after keeping oil prices steady for the past 24 days. It again reduced the price on March 30.