Diesel price increases by 26 paise; no change in petrol price


Diesel prices increased by 26 paise per litre on Sunday in addition to the hike of 20 paise/litre on Friday.

New Delhi: Diesel prices increased by 26 paise per litre on Sunday in addition to the hike of 20 paise/litre on Friday.

On Sunday, diesel price in Kochi stands at Rs. 94.05. Petrol prices remain unchanged.

OMCs have preferred to maintain their watch prices on the global oil situation before making any revision in prices.

The wait and watch plan of OMCs has come to the relief of consumers as no revision has been done during a period when crude prices were on the rise over a shortfall in US production and demand pick up. This would have necessitated about Rs 1 increase in prices of petrol and diesel.

In Mumbai, the petrol price was stable at Rs 107.26 per litre while diesel rate increased to about Rs 96.40 a litre.

Across the country as well petrol price remained static on Friday while diesel price increased marginally.

Fuel prices have been hovering at record levels on account of 41 increases in its retail rates since April this year. It fell on a few occasions but largely remained stable.

(With input from IANS)

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