BusinessFrom June 16, Petrol And Diesel Prices Will Change Daily
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From June 16, Petrol And Diesel Prices Will Change Daily
Currently, oil marketing companies revise rates daily in five cities
Daily price revision pilot implementation successful, says Indian Oil
Retail prices to become more reflective of market conditions, it adds
Oil marketing companies had implemented daily price revisions on a pilot basis in five cities May 1
Public sector oil marketing companies will revise petrol and diesel prices across the country on a daily basis, Indian Oil said on Thursday. Currently, fuel prices are revised on a daily basis in five cities. The oil marketing companies had earlier implemented daily revision of petrol and diesel prices on a pilot basis in Udaipur, Jamshedpur, Puducherry, Chandigarh and Vishakhapatnam from May 1, 2017. In a statement, Indian Oil said:...