Accordingly, the price of petrol and diesel remains unchanged at Rs 101.19 and Rs 88.62 per litre in Delhi, as per Indian Oil Corporation, the country's largest fuel retailer.
Consumption in May slumped to its lowest since August last year amid lockdowns and restrictions in several states.
Srinivas reportedly decided to set fire to his auto to end the torture he was being subjected to by the loan sharks.
They raised slogans against the Jagan Mohan Reddy government for not taking any measures to rescue the poor families from the unbearable price rise.
Accordingly, in the national capital, petrol continues to be sold for Rs 101.49 per litre and diesel for Rs 88.92 a litre. Across the country as well fuel prices remained unchanged on Wednesday.
The mood is sombre at the Kasimedu fishing harbour as over 50 per cent of fishing vessels are grounded and another 30 per cent could not set sail as the boat owners are neck-deep in debts.
Diesel prices in Mumbai, Chennai and Kolkata remained at Rs 96.64, Rs 93.66 and Rs 92.13 per litre, respectively.
The price cut in diesel is the fourth since August 18, when the reduction cycle began. All four reductions have been of 20 paise per litre each.
With the cut, diesel is now priced at Rs 89.47 and with no change in rates petrol continues to be sold for Rs 101.84 per litre in Delhi.
Hyundai India said that skyrocketing prices of fuel in the country is increasing the demand for diesel models for the company.
Minister for Finance PTR Palanivel Thiaga Rajan informed that a study is being conducted to reduce the price of diesel.
CIL has envisaged creating a carbon offset of around 2.5 lakh tonnes over the next five years, the Kolkata-headquartered company said.
Telangana Finance Minister Harish Rao wanted people to keep in mind the fate that had befallen the BJP in West Bengal and Tamil Nadu, and said a repeat of the same would be seen in Huzurabad too.
The excise collections on petrol and diesel jumped by 88 per cent to Rs 3.35 lakh crore in the last fiscal ended March 31, 2021, after excise duty was raised to a record high.
The hike in taxes last year did not result in any revision in retail prices as they got adjusted against the reduction that was warranted because of fall in international oil prices.