Petrol and diesel prices remained unchanged for the third day in a row as oil companies decided to wait for global developments in overseas market before deciding the next course of action.
Petrol was selling at Rs. 84.70 a litre while diesel was being sold at Rs. 74.88 per litre, prices remained static across the country.
Auto fuel price rise was on hold for the last five days after petrol and diesel prices had increased on two successive days last week on Wednesday and Thursday taking gasoline to record high levels in Delhi while keeping its prices very close to record high levels in other metro cities.
Petrol prices have been a record high. At Rs. 84.70 a litre in Delhi, petrol price has breached the highest level in the national capital after October 4, 2018, when the rate had risen to Rs 84 a litre.
Oil company executives have said that petrol and diesel prices may increase further in coming days as retail prices may have to be balanced in line with the global developments.
Source: IANS
