Petrol and diesel prices are falling since the daily fuel price revision was implemented. But unlike earlier, when there would be significant noticeable changes every fortnight, this time, the prices have fallen by just a few paise everyday, barely to the notice of many people across the nation. Put together, however, the change is huge over the last 11 days, since July 16, when the daily revision in retail fuel prices began nationwide.
The price of petrol has fallen by Rs 3.2 per litre in Delhi in 11 days, while that of diesel has fallen by Rs 2.41 per litre, following a continued weakness in the global crude oil prices. Today, Monday-Tuesday, petrol is being retailed for Rs 63.55 per litre and diesel for Rs 53.53 per litre in Delhi. The prices of retail fuel have fallen on all but one of the 11 days since the new mechanism has been in practice. Read More…
Credit By : The FInancial Express
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