New Delhi: For the second consecutive fortnight, government-owned oil retailing
companies on July 15 decided to maintain the price line of petrol and diesel.
"It has been observed that the prices of these two products have stabilised in the
international market. The public sector oil marketing companies have therefore
decided to maintain the retail prices of petrol and diesel at the existing level and
not to increase the same for the fortnight commencing July 16, 2002," the oil
companies said in a statement.
In accordance with the mechanism evolved by oil companies to review prices every
fortnight after dismantling of administered pricing mechanism, IOC, BPCL and HPCL
reviewed the prices of motor spirit (petrol) and high speed diesel (HSD).
Following are the existing retail prices (in Rs) of petrol and diesel in the four
metropolitan cities:
| |
Delhi |
Kolkata |
Mumbai |
Chennai |
| Petrol |
29.18 |
29.63 |
33.64 |
31.64 |
| Diesel |
18.23 |
18.61 |
23.16 |
20.06 |
PTI
