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    Petrol, diesel prices remain stable today

    Petrol, diesel prices remain stable today

    Petrol, diesel prices remain stable today
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    By CNBCTV18.com  IST (Published)

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    Fuel prices across the metros remained unchanged for the third consecutive day on Monday.

    Fuel prices across the metros remained unchanged for the third consecutive day on Monday. In the national capital, the price of petrol remained stable at Rs 86.95 per litre and diesel maintained its price line of Rs 77.13 per litre, according to Indian Oil Corporation, the country's largest fuel retailer.
    In Mumbai, petrol price remained unchanged at Rs 93.49 per litre on Monday. The cost of diesel also was the same at Rs 83.99 a litre.
    The prices of petrol and diesel are reviewed by oil marketing companies such as state-run Indian Oil on a daily basis and any revision is implemented from 6 am in the morning.
    The fuel prices vary from state to state in the country due to the value-added tax or VAT.
    State-owned fuel retailers — Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) — had on January 6 resumed daily price revision after nearly a month-long hiatus.
    Globally, oil edged closer to $60 a barrel on hopes that a $1.9 trillion COVID-19 aid package will be passed by US lawmakers as soon as this month just as coronavirus vaccines are being rolled out globally, according to news agency Reuters report.
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