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Return of administered price machanism? Petrol, diesel static for 50 days
TIWN
Return of administered price machanism? Petrol, diesel static for 50 days
PHOTO : TIWN

New Delhi, Nov 11 (TIWN) The Oil marketing companies did not revise the retail price of petrol and diesel on Wednesday maintaining the over a month long trend when pump prices of the two auto fuels remained unchanged. This has given rise to speculation -- whether the prices of petrol and diesel are still being administered and kept at artificial levels.

With this, petrol price has now remained at the same level for 50 days, while diesel price has been at the same level for 40 days.  Price of petrol in the national capital continues to remain at Rs 81.06 per litre. In Mumbai, Chennai and Kolkata, the fuel was sold for Rs 87.74, Rs 84.14 and Rs 82.59 per litre, respectively.

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