Kumari Palany & Co

Petrol and Diesel Prices Remain Unchanged in Chennai for 301st Consecutive Day

Posted on: 18/Mar/2023 9:08:05 AM
In a major development, the government has approved the practice of daily determination of fuel prices in Chennai, allowing oil companies to regulate petrol and diesel prices on a daily basis in line with international crude oil prices. Despite this new approach, the price of petrol and diesel in Chennai has remained constant over the last 300 days, with a litre of petrol costing Rs.102.63 and diesel priced at Rs.94.24.

As the 301st consecutive day rolls in, petrol and diesel prices in Chennai still remain unchanged, indicating that the oil companies are keeping a close check on fluctuations. The move is expected to bring greater transparency and efficiency to the fuel pricing mechanism in Chennai, ensuring that consumers are not burdened by sudden price spikes.

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