Oil marketing companies have prevented the hike in petrol and diesel prices for the past 8 days. Meanwhile, crude oil has strengthened slightly over the past few days and can prevent price cuts by oil marketing companies. Petrol remained at Rs 101.84 per litre in Delhi as there was no change in prices on Sunday, while diesel stood at Rs 89.87 per litre. Petrol prices have been stable since last Sunday. Last time petrol increased by 30 paise per litre on July 17, there was no change in diesel prices.
One of the main reasons for the pause in fuel prices growth is the fall in global oil prices by more than 10 per cent, with benchmark crude falling to $69 a barrel from a high of $77 a barrel just a few weeks ago. On strong demand projections, it had risen again to $74 a barrel. In Mumbai, where petrol prices crossed the Rs 100 mark for the first time on May 29, the fuel price is Rs 107.83 per litre. Diesel is also priced at Rs 97.45 in the city, the highest among metropolitan cities. On the other hand, petrol prices in all metros have now crossed Rs 100 per litre. Diesel has also crossed Rs 100 per litre in parts of Rajasthan, Odisha and Madhya Pradesh.
Find out how much is the price in your city:-
You can also know the price of petrol and diesel through SMS. According to the Indian Oil portal, you have to write down the code of RSP and your city and send it to the 9224992249 number. Each city has different codes, which you will receive from IOCL's portal.
Check here- https://iocl.com/Products/PetrolDieselPrices.aspx
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