Petrol, Diesel Prices Remain Unchanged Across Metros. See Rates
NDTV
Petrol, Diesel Prices Today: Fuel rates remained unchanged across metro cities on Sunday, March 13, 2022
Petrol, Diesel Prices Today: Fuel rates remained unchanged across metro cities on Sunday, March 13, 2022. The prices have remained static for over four months despite international crude oil prices having risen to more than $100 a barrel as major crude producers pledged to plug the supply gap from the escalating Russia-Ukraine conflict.
Brent crude oil prices are at $112 per barrel amid the escalating Russia-Ukraine war.
Meanwhile, this is the longest duration for which rates have remained firm in India, ever since the daily revision of prices began in June 2017. However now there are speculations that fuel prices may rise by Rs 12 to Rs 15 per litre as assembly elections have ended in Uttar Pradesh, Uttarakhand, Punjab, Goa and Manipur.
The central government had cut excise duty on November 4, 2021, to give relief from prices that had reached an all-time high levels. The government had slashed the duty on petrol by Rs 5 per litre and on diesel by Rs 10 a litre, leading to a substantial reduction in prices of fuel.
