New Delhi: After large cuts in gasoline and diesel prices take part in the center and countries reduce taxes, the price of fuel remains unchanged to provide further assistance to consumers.
Thus, the price of gasoline and diesel remains unchanged for the third day in a row on Sundays under the mechanism of the daily price revision followed by oil marketing companies.
So, pump gasoline prices in Delhi, which fell to Rs 103.97 per liter at 6 am.
On Thursday from the previous days of Rs 110.04 per liter, it remained at the same level at the same level.
Diesel prices also remained unchanged in the capital at Rs 86.67 per liter.
In the financial capital of Mumbai, gasoline continues to be valued at Rs 109.98 per liter and Diesel Rs 94.14 per liter.
Prices also remain static on Sunday in Kolkata where gasoline prices are reduced by Rs 5.82 to Rs 104.67 per liter and diesel of Rs 11.77 to Rs 89.79 per liter the previous day.
The price of gasoline in Chennai also remained at Rs 101.40 per liter and Diesel Rs 91.43 per liter.
Throughout the country, the price of fuel is also remained unchanged on Sundays restrictions on several states in which VAT reduction will translate prices lower than Sunday.
The good news in front of the price of fuel is that global crude prices have softened to around $ 82 per barrel now from a three-year high level of more than $ 85 per barrel just a few days ago.
If the price line survives, the price of fuel in India can fall further and increase can be checked.
Before cutting prices and pauses, Diesel prices have increased in 30 of the last 44 days taking retail price of 9.90 per liter in Delhi.
Gasoline prices have also risen 28 out of 40 days before taking the price of the pump of 8.85 per liter.
Since January 1, the price of gasoline and diesel has increased by more than Rs 26 per liter before duties.
Excise cut by the center is the first exercise since the emergence of covid pandemics.
In fact, the government has revised customs in gasoline and sharp diesel in March and again in May last year to mobilize additional resources for Covid’s help steps.
Customs are raised by Rs 13 and Rs 16 per liter on gasoline and diesel between March 2020 and May 2020 and stands high at Rs 31.8 on Diesel and Rs 32.9 per liter on gasoline before the rank of task.