Taasir English News Network | Uploaded on 21-Oct-2019
Domestic fuel prices remained unchanged at existing prices on Monday, marking a sixth straight pause in petrol rates across metros. With effect from 6 am on October 21, the price of petrol was Rs. 73.27 per litre in Delhi and Rs. 78.88 per litre in Mumbai – the same levels as Sunday, according to notifications from Indian Oil Corporation (IOC). The rate of diesel stood at Rs. 66.17 per litre and Rs. 69.35 per litre in the two metros respectively, according to Indian Oil Corporation – the country’s largest fuel retailer
Currently, oil marketing companies such as state-run Indian Oil Corporation review the domestic prices of petrol and diesel on a daily basis, and any changes – determined broadly by the global crude oil prices and the foreign exchange rates – are effected at the fuel stations at 6 am.