Petrol, diesel prices remain unchanged on Wednesday after 14 day decline

New Delhi: Fuel prices across the country remain unchanged on Wednesday, after falling for 14- straight days.

Petrol prices in the national capital remained unchanged at Rs 76.43 per litre. Indian Oil Corporation (IOC), the country’s largest fuel retailer, has in the last 14 days reduced the price of petrol by Rs 2 per litre and diesel prices by Rs 1.46 per litre in Delhi. Similar cuts were initiated in other parts of the country.

Petrol prices in Kolkata, Mumbai and Chennai too remained unchanged at Rs 79.10, Rs 84.26 and Rs 79.33 per litre, respectively, today.

Similarly, diesel prices in Kolkata, Mumbai and Chennai remained unchanged at Rs 70.40, Rs 72.24 and Rs 71.62 per litre, respectively.

The decline in petrol, diesel prices follows the 16-day hike which jacked up fuel prices to their highest levels in India, with price of petrol reaching Rs 78.43 a litre and diesel prices Rs 69.31 per litre on May 29.

IOC had between 14 May and 29 May increased petrol prices by Rs 3.80 per litre and diesel prices by Rs 3.38 per litre in the national capital, post the 19-day fuel price freeze before Karnataka elections.

Similar price hikes were implemented in other cities across the nation fueling nation-wide protests and a call for excise duty cut.

Mozaffar EtezadiFar

Founder at Energykade
Mozaffar owns degrees in electrical engineering as BSc and power management as MSc. He has worked in fields of energy and e-commerce. He believes that energy and IT can help each other to save more energy and our planet. So here is energykade...

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