TIWN

New Delhi, Aug 6 (TIWN) Oil marketing companies (OMC) continue to pause fuel price revision for the 20th consecutive day on Friday as a wait and watch policy continues amid fluctuating global crude prices.
The oil prices have softened again to just over $70 a barrel on concerns of growing Covid cases, slowing industrial recovery globally and rising US oil inventory. With no price increase by OMCs, in the national capital, petrol continued to sell at Rs 101.84 per litre, while diesel was unchanged at Rs 89.87 a litre on Friday. The pump price of fuel has been static since July 18.
In the city of Mumbai, where petrol prices crossed the Rs 100-mark for the first time ever on May 29, the fuel price is at Rs 107.83 per litre. Diesel prices in the financial capital is at Rs 97.45, the highest among metros. Petrol prices in all the metros have now crossed Rs 100 per litre mark. In Chennai, petrol is selling for Rs 102.49 a litre and in Kolkata Rs 101.08 a litre. Diesel is also price at Rs 94.39 and Rs 93.02 per litre in both cities, respectively.
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