Petrol and diesel prices remain unchanged across Delhi, Mumbai, Chennai and Kolkata for 13th straight day
Dec 20, 2020, 11:44 IST
New Delhi, Petrol and diesel prices were unchanged for the 13th consecutive day on Sunday across the four metro cities.
In the national capital, petrol was priced at ₹83.71 per litre. In the other key cities of Mumbai, Chennai and Kolkata, the fuel was sold for ₹90.34, ₹86.51 and ₹85.19 a litre respectively.
Oil market companies (OMC) have gone on a wait-and-watch mode at a time when news of successful coronavirus vaccine and expectations of big pick-up in demand have kept crude on the boil with prices breaching $52 a barrel mark.
Petrol prices were very close to breaching the all-time high level of ₹84 a litre (reached on October 4, 2018) when it touched ₹83.71 a litre on December 7. But the march has been halted ever since with no further price revision.
Global crude prices have risen almost $12 a barrel in last one month to reach over $52 a barrel now. But even at this level, it is far less than than average crude price of $80.08 a barrel in October 2018 when petrol prices touched highs of ₹84 a litre in the national capital.
Diesel prices too were same as the previous levels. In Delhi, Mumbai, Chennai and Kolkata, diesel was sold for ₹73.87, ₹80.51, ₹79.21 and ₹77.44 per litre, respectively, all unchanged levels.
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In the national capital, petrol was priced at ₹83.71 per litre. In the other key cities of Mumbai, Chennai and Kolkata, the fuel was sold for ₹90.34, ₹86.51 and ₹85.19 a litre respectively.
Oil market companies (OMC) have gone on a wait-and-watch mode at a time when news of successful coronavirus vaccine and expectations of big pick-up in demand have kept crude on the boil with prices breaching $52 a barrel mark.
Petrol prices were very close to breaching the all-time high level of ₹84 a litre (reached on October 4, 2018) when it touched ₹83.71 a litre on December 7. But the march has been halted ever since with no further price revision.
Global crude prices have risen almost $12 a barrel in last one month to reach over $52 a barrel now. But even at this level, it is far less than than average crude price of $80.08 a barrel in October 2018 when petrol prices touched highs of ₹84 a litre in the national capital.
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SEE ALSO:
If investigators find Wistron management guilty, here's what is at stake for the company
Antony Waste Handling Cell ₹300-crore IPO will open on Monday— these are the risks and opportunities
INTERVIEW: Ikea CFO says she still has ₹3,500 crore to be spent in India— the pandemic has changed targets but not the investment plan