City
Epaper

Oil price fall provides no relief to fuel consumers, OMCs deny upto Rs 2 per litre price cut for petrol and diesel

By IANS | Updated: August 9, 2021 15:25 IST

by Subhash NarayanNew Delhi, Aug 9 Fuel consumers could have got between Rs 1-2 per litre relief ...

Open in App
by Subhash Narayan

New Delhi, Aug 9 Fuel consumers could have got between Rs 1-2 per litre relief while filling up their vehicle's tank with petrol and diesel but for the reluctance of oil marketing companies to trust the current softening of global oil prices.

Even though, global crude oil prices have fallen in the last couple of weeks to reach below $ 70 a barrel from a high of $ 77 reached early last month, OMCs have not revised petrol and diesel rates downwards but have kept its prices static for the past 23 days. Even on Monday petrol and diesel prices remained at the same level

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

BusinessForeign investors make notable return to Indian equity markets in April

EntertainmentActor Priyadarshi Pulikonda thrilled with Suriya, Jyothika praise's for his performance in 'Court: State Vs A Nobody'

EntertainmentEmma Mackey, Greta Gerwig team up for ‘Narnia’ film

Cricket"He's thinking about building a team for next year": Ambati Rayudu on CSK captain MS Dhoni

NationalPahalgam attack condemnable, pure savagery: Pak nationals on way back after visa suspension

International Realted Stories

InternationalUyghur leaders honour victims of authoritarianism at Washington ceremony

InternationalSouth Korea, US agree on achieving 'expedient, meaningful' progress: USTR

InternationalAfter India suspends Indus Water Treaty, Pakistan's Bilawal Bhutto-Zardari engages in empty rhetoric

InternationalIndian Embassy in Berlin pays tribute to Pahalgam terror attack victims

InternationalTaiwan defends medical tourism amid probe into illegal entry of Chinese nationals