Government oil marketing companies kept petrol and diesel prices unchanged in the metros on Wednesday, 16 September. According to the notification of Indian Oil Corporation, the country’s largest fuel retailer, petrol prices in Delhi were stable at Rs 81.55 per liter and diesel rates at Rs 72.56 per liter. In Mumbai, petrol prices were unchanged at Rs 88.21 per liter and diesel prices at Rs 79.05 per liter. (Also read: How to get latest petrol, diesel rates in your city)
Here are the prices of petrol and diesel (in rupees per liter) on September 16 in four metros:
|Source: Indian Oil|
Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation review petrol and diesel rates in various parts of the country on a daily basis, and implement any amendments on fuel pumps from 6 am onwards. Three accounts for most fuel stations in the country.
Meanwhile, oil prices rose on Wednesday, boosting gains from the previous session, disrupting US offshore oil and gas production in the form of a storm and an industry report showed a large drop in US raw material stocks.
Brent crude was up 15 cents, or 0.4 percent, to trade at $ 40.68 a barrel at 0055 GMT, while US crude rose 18 cents, or 0.5 percent, to $ 38.46 a barrel. Both contracts rose more than 2 percent on Tuesday.