New Delhi, Aug 7 (TIWN) Oil marketing companies (OMC) continued with the pause on fuel price revision for the 21st consecutive day on Saturday as a wait and watch policy amid fluctuating global crude prices remained.

Global crude prices have swung in all directions in July starting with a low of $70 a barrel to quickly breaching to $77 a barrel, and then fall below $70 a barrel to crossing $75 a barrel later in the month.

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.