Petrol, diesel prices have receded for a month, but at half the rate of surge
Although petrol and diesel prices receded in the past one month, the rate of decline in fuel prices was half the pace of the surge witnessed during May 14-29. Both petrol and diesel prices were on a decline during the May 30-June 26 period before remaining stable between June 27 to July 4.
Petrol prices across the four metro cities fell at an average rate of 10.68 paise per day during the 28 days of continuous decline. Image source: Reuters