Petrol rate not to be changed this fortnight
BY PTI17 Oct 2013 5:28 AM IST
PTI17 Oct 2013 5:28 AM IST
Petrol prices will remain unchanged this fortnight as oil companies on Tuesday decided to monitor movements in international oil rates and the value of the rupee before taking a decision.
Petrol prices were due to be changed on Tuesday as per the practice of changing rates every fortnight based on trends in the international oil market and the rupee-dollar rate in the preceding 15 days.
‘There has not been any significant change since the last revision and so we are not doing anything just now,’ said a top official of a state-owned fuel retailer.
Petrol prices were due to be changed on Tuesday as per the practice of changing rates every fortnight based on trends in the international oil market and the rupee-dollar rate in the preceding 15 days.
‘There has not been any significant change since the last revision and so we are not doing anything just now,’ said a top official of a state-owned fuel retailer.
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