The auto fuel seems to have switched sides over revision in rates with diesel prices now beginning to fall while petrol holding steady
Diesel price was cut for the first time in close to six months after state-owned fuel retailers reduced retail selling rate by 16 paise per litre
In the international market, crude price has also remained firm with benchmark Brent crude hovering close to $46 a barrel
India's truckers are facing multiple headwinds that are crimping diesel consumption and overall oil demand
Petrol prices have been on the rise for the sixth consecutive day on Tuesday, while diesel held on to its price line that it has maintained since July 30
In Kolkata, petrol was sold for Rs 83.01, higher by 14 paise from its previous level of Rs 82.87 per litre
Petrol prices were raised by 16 paise in Delhi to Rs 81.35 a litre; in Mumbai, it stands at Rs 88.02 a litre
Petrol and diesel prices remained unchanged across metro cities on Sunday.
The decision was taken at the cabinet meeting chaired by chief minister Arvind Kejriwal.
Oil companies kept petrol and diesel prices unchanged on Thursday taking global cues where benchmark crude oil prices have remained static around $43 a barrel for the past few days now
Prices of petrol have remained static at Rs 80.43 per litre for almost four weeks. Petrol rates were last changed on June 29.
Diesel continues to be priced at Rs 81.64 per litre in the capital, while petrol has maintained steady levels at Rs 80.43 a litre
Diesel was priced at Rs 81.64 per litre on Monday in Delhi, higher than the previous level of Rs 81.52 a litre
India on Friday became the third country in the world to record more than one million cases of the new coronavirus, behind only the United States and Brazil
The hike in diesel prices have a direct correlation with the freight rates with fuel as a percentage accounting for more than 65 per cent of the variable operating costs for transporters
On June 27, price of petrol was increased by Rs 0.25 per litre while that of diesel by Rs 0.21 per litre. Rates differ from state to state, depending on value-added tax (VAT)
After 21st straight daily hike, the price of petrol in Mumbai hit Rs 87.14 a litre, and diesel went up to Rs 78.71 a litre. In Kolkata, the prices were at Rs 82.05 and Rs 75.52 a litre, respectively
Diesel was more expensive than petrol in the city for the third consecutive day on Friday
In Mumbai, the price of petrol touched Rs 86.91 a litre and diesel went up to Rs 78.51 a litre. In Kolkata, the prices were at Rs 81.82 a litre
Diesel price continued to be higher in the city for the second consecutive day