(FE)
Petrol and diesel prices in metro cities remained unchanged today after falling for five days in a row since daily retail fuel price revision was implemented nationwide on June 16. State-run Indian Oil Corp will continue to sell petrol for Rs 64.55 per litre in Delhi, and Diesel for Rs 63.96 per litre for the day (June 21-22) till 6 am on Thursday. Meanwhile, the price of the Indian basket of crude oil fell marginally to $45.84 per barrel on June 19 from $45.94 per barrel on June 16 — the previous trading day.
Before today, the prices of petrol and diesel in metro cities were cut for five straight days after the implementation of daily price revision mechanism on June 16. In the five preceding days, the price of petrol fell by Rs 2.36 per litre in Delhi. The biggest cut of the lot was on June 16 itself, when the price was reduced by Rs 1.43 per litre (including state taxes and levies) after a gap of 15 days, as was the existing practice. Similarly, the price of diesel fell by Rs 1.98 per litre in five days, beginning with a cut of Rs 1.45 per litre (including state taxes and levies) on June 16 itself.
