Petrol, diesel prices remain static for 17 days in a row

Fuel prices in the country remained unchanged on Saturday as oil marketing companies decided to wait and watch the situation prevailing in global oil markets before before restarting daily revision of petrol and diesel prices.

Sources indicated that price revisions may begin anytime next week after results to state elections are declared. However, whether price of petrol and diesel would move up or down then would depend on actual average global price in the last fortnight of March.

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