Fuel rates were left unchanged on Monday by oil marketing companies (OMCs) after the price hikes for four consecutive days.
The Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL) as well as Hindustan Petroleum Corporation Limited (HPCL) revise the petrol and diesel rates daily in line with benchmark international price and foreign exchange rates.
In the last 10 days, OMCs have increased the rates of petrol and diesel for a total of eight times. A litre of diesel became dearer by rupees 2 and petrol rupees 1.
Petrol costs rupees 102.39 per litre, while diesel is retailing at rupees 90.77 a litre in the national capital, Delhi.
The petrol rates are still the highest in the country's business capital among other metro cities. Petrol, today in Mumbai retails at rupees 108.43 and diesel stands at rupees 98.48.
In Kolkata, petrol retails at rupees 103.07 a litre and diesel at rupees 93.87 per litre. At the same time, petrol cost is rupees 100.01 per litre and diesel rupees 95.31 per litre in Chennai.
Fuel prices are fixed on the basis of VAT, freight charges and other local taxes.