High-priority alert based on source significance and keyword relevance.
Context
What happened: Petrol and diesel prices remained largely stable across major Indian cities, with no new revisions announced by public sector oil marketing companies.
Key numbers: Delhi petrol ₹102.12 per litre, diesel ₹95.20. Mumbai petrol ₹111.21, diesel ₹97.83.
Why it matters: Retail rates are set using a 15-day rolling average of international benchmark prices, exchange rates, excise duty, dealer commissions and state VAT, so crude moves do not pass through immediately. Oil slipped after the US waived sanctions and tariffs on Russia that may lead to more Russian fuel exports.
Why it matters
Retail rates are set using a 15-day rolling average of international benchmark prices, exchange rates, excise duty, dealer commissions and state VAT, so crude moves do not pass through immediately. Oil slipped after the US waived sanctions and tariffs on Russia that may lead to more Russian fuel exports.