Despite the August 22 price cut, petrol and diesel prices in India have remained static, with companies choosing to hold out on further revisions.
In Delhi, petrol is retailing for Rs 101.49 per litre, while diesel is at Rs 88.92 a litre.
Prices across India remained the same, despite global crude rates falling in the past few days, settling at $70 a barrel. As demand continues to fluctuate, the price of crude could vary greatly, especially as more barrels enter the market.
Fuel prices have remained static since July 18, the longest period of stability after 41 days of continued price increase.
