After 21 days, Petrol and Diesel price hike paused

Today is the day to celebrate as there is no hike in petrol and diesel prices after 21 consecutive days of increase. The price for petrol ₹80.38 per litre and diesel ₹80.40 per litre on Saturday remained unchanged. On 7th June 2020, major oil companies- Indian Oil, Bharat Petroleum and Hindustan Petroleum resumed the regular daily price review system. Domestic petrol and diesel prices are determined broadly by crude oil and forex rates, and vary from state to state due to value added tax (VAT).