Oil marketing companies kept retail prices of petrol and diesel unchanged for the third consecutive day on Friday.
The former party president also said that prices of petrol and diesel are constantly increasing in the country when global crude oil prices are continuously falling
Petroleum Minister Dharmendra Pradhan hit out at the Congress saying the government is using the tax revenue earned from the petrol and diesel sale to fund welfare programmes for the poor
Attacking the BJP-led Central government over the rising prices of petrol and diesel, Congress President Sonia Gandhi sought immediate rollback of the hike
The continuous surge in rates of petrol and diesel prices for 21 consecutive days came to a halt on Sunday with no increase in prices
Petrol and diesel prices continued their cat-and-mouse chase in the capital. Petrol is now just a whisker away to returning to its numero uno spot
Diesel is currently priced at Rs 79.40 a litre in the Capital, just 36 paise short of petrol price that is being retailed at Rs 79.76 a litre
Petrol and diesel will now cost Rs Rs 78.88/litre and Rs 77.67/litre respectively in Delhi
In seven hikes, petrol price has been raised by Rs 3.9 per litre and diesel by Rs 4. Price rise could continue for a few more days, as global product prices are firming up with a pick-up in demand
The government on May 6 again raised excise duties by Rs 10 per litre on petrol and Rs 13 per litre on diesel
The fuel consumption is estimated to decline 10-20 per cent during fiscal year 2020-21
The hike in duty has taken away gains from falling global crude oil prices
ATF sales declined by about 92% during the month, showed provisional industry data
No immediate hike, marginal increase likely to be implemented only after lockdown is lifted
Industry officials said this is the biggest ever drop in sales and the first data for the complete lockdown period
Also, aviation turbine fuel (ATF) sales fell by 31.6 per cent as flights got suspended alongside the shutting of businesses and most vehicular traffic going off-road
But diesel's star is starting to fade, with its premium to crude oil recently dropping in trading hubs around the world
Prime Minister Narendra Modi announced a 21-day nationwide lockdown from March 25 in order to contain the spread of novel coronavirus
Petrol is being sold at a rate of Rs 69.63 per litre in Delhi
The fuel prices across the country seem to be stable since past one week due to the coronavirus outbreak