By Srinivas Chowdary Sunkara // petrobazaar // 14th August, 2018.
Petrol and Diesel prices in India are firm and remained unchanged today around all the major metro cities in India. In New Delhi, Petrol is sold at Rs.77.14 per ltr and Diesel is priced at Rs.68.72 a ltr. The C&F price of crude oil for petrol and diesel is stand still as published on 6th August as per OMC report.
I am surprised to share the fact that when the front month crude futures prices are slipped by above 2 percent from the first day of August, The petrol price is increased by 1.1% and Diesel prices are soared by 1.32%. The motor fuel oil prices should be decreased as per the OMC policy of daily price revision of petrol and diesel after factoring the positive currency movement. Whom Should I question?
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