In the national capital, petrol was sold at Rs 80.43 per litre, unchanged for over a month now, and diesel at Rs 73.56, same for a third consecutive day. The price cut has again made diesel cheaper than petrol in the city after more than a month. In fact, diesel is cheaper than petrol in Delhi by the widest margin among all metros now.
Delhi was the only major city in the country where diesel prices were higher than petrol.
Crude oil imports last month dropped about 19 per cent from a year earlier to 13.68 million tonnes.
India's crude oil imports fell in June to their lowest level since February 2015, while year-on-year refined product exports declined for the first time in almost a year, government data showed on Friday.
Crude oil imports last month dropped about 19 per cent from a year earlier to 13.68 million tonnes, down for a third straight month, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas showed. Oil product exports fell about 6 per cent, their first year-on-year fall since August 2019, primarily driven by declining diesel exports, which slid to their lowest since April last year.
The country's top refiner, Indian Oil Corp, said it would continue to operate its refineries below capacity in 2020/21 as it expected local and overseas fuel demand
to remain subdued.