Diesel price extends its gap with petrol, falls again


New Delhi, Sep 7 (IANS): Diesel price has extended its gap with petrol across the country with oil marketing companies cutting its retail price again while keeping the petrol price steady.

The oil marketing companies (OMCs) on Monday reduced the pump price of diesel, the third such downward revision in the last five days.

In the National Capital, diesel prices have fallen by 11 paise per litre on Monday, bringing down the transport fuel price to Rs 73.16 a litre. The price of diesel has also fallen on Thursday by 16 paise per litre and then again on Saturday by 13 paise.

While diesel prices have fallen, the OMC has kept petrol prices steady. The fuel prices have remained at the same level so far this month. But the petrol price has been rising regularly since August 16, when it stood at Rs 80.57 a litre in Delhi. Petrol is now retailing at Rs 82.08 a litre in the capital.

The price of fuel may remain steady or fall in the coming days as global crude prices have shown some indication of softening over the expectation of a prolonged demand squeeze over COVID disruptions.

 

  

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Comment on this article

  • Jossey Saldanha, Mumbai

    Mon, Sep 07 2020

    I hope our people know that increase in the price of Diesel leeds to Inflation ...

    DisAgree [1] Agree [4] Reply Report Abuse

  • AM, Mangalore

    Mon, Sep 07 2020

    May be demand for desiel is reduced. Deisel is life line of Transportation and must be supplied for lowest price as possible which will lead to pedal the economy cycle.

    DisAgree Agree [1] Reply Report Abuse


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Title: Diesel price extends its gap with petrol, falls again



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