Premium petrol price has already crossed the Rs 100 per litre mark in several parts of the country through increase in the retail rates in the month of January and February.
Petrol prices have increased by Rs 2.30 a litre in Delhi in May in the 10 increases so far.
Petrol prices in some states have breached the Rs 100 per litre mark while premium petrol has been hovering above that level for quite some time now.
OMCs benchmark retail fuel prices to a 15-day rolling average of global refined products' prices and dollar exchange rate.
AIMTC Chairman Bal Milkit Singh claims representing over 95 lakh truckers and entities, said it is an open fact that this small cut in the petrol and diesel prices has a bearing on the election in four states
Across the country as well the petrol and diesel price remain static on Saturday but its retail levels varied depending on the level of local levies on respective states.
The OMCs went on a price cut for the first time this year on Wednesday after keeping oil prices steady for the past 24 days.
Accordingly, petrol continues to be priced at Rs 91.17 a litre and diesel Rs 81.47 a litre in the capital on Saturday. Fuel prices have not been revised now for 14 days.
Petrol continues to be priced at Rs 91.17 a litre and diesel Rs 81.47 a litre in the capital on Saturday.
The oil marketing companies increased the petrol prices by 30 paise and diesel by 34 paise per litre on Sunday
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