Fuel rates remain stable, provide relief to consumers

The oil marketing companies (OMCs) on September 23 had kept the rates of auto fuels unchanged

 

 

The petrol and diesel rates in India have maintained steadiness amidst volatility in international fuel rates.

 

The oil marketing companies (OMCs) on September 23 had kept the rates of auto fuels unchanged.

 

This is the 18th straight day of no revision, as they preferred to maintain their watch rates on international oil situation before making any revision in oil rates.

 

The wait and watch plan of OMCs has come to the ease the consumers as no revision if prices has come during a period when crude price were on the breach over shortfall in United States production and demand pick up.

 

This breach would have compelled about rupees 1 rise in price of auto fuel.

 

With no revision on Thursday, the rates of petrol and diesel remained unchanged and firm at rupees 101.19 and rupees 88.62 per litre in the national capital, Delhi.

 

In Mumbai, the petrol rates was unchanged at rupees 107.26 per litre, while diesel rates also remain firm at rupees 96.19 a litre.

 

The auto fuel rates remained steady across the nation on Thursday but their selling rates varies depending on the local taxes in a particular state.

 

The petrol and diesel rates have been floating at record levels high on account of 41 increases in its retail rates since April, 2021.

 

Although, the rates had fell on few occasions but have largely remained stable.

India Scanner News Network

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