On Tuesday, petrol and diesel prices remained unchanged for the third consecutive day according to information provided by the country's largest fuel retailer, Indian Oil Corp Ltd.
A litre of diesel costs 66.04 rupees in Delhi, and 69.27 rupees in Mumbai; while one litre of petrol is priced at 75.00 rupees in Delhi, and 80.65 rupees in Mumbai. Citizens in Chennai have pay Rs 77.97 for a litre of petrol while diesel retailed at Rs 69.81 per litre. In Gurugram, petrol price remained static at Rs 74.49 a litre and diesel costs Rs 65.35 per litre. In Noida, too, petrol, diesel prices remained constant at Rs 76.29 a litre and Rs 66.35 a litre, respectively.
Crude oil futures fell by Rs 21 to Rs 4,176 per barrel on Tuesday as participants reduced positions amid a weak trend in global markets. On the Multi Commodity Exchange, crude oil for December delivery fell by Rs 21, or 0.50 percent, to Rs 4,176 per barrel with a business volume of 28,536 lots. Marketmen said the fall in crude oil futures was mostly due to the trimming of positions by traders in tandem with a weak trend overseas.
Retail prices of the two automobile fuels are revised daily. Prices vary across the country due to differences in levies imposed by states.
(Inputs from Agencies)
