India, April 5 -- In the global market, oil prices slipped on Monday, clipping strong gains made in the previous session after OPEC+ agreed last week to gradually ease some of its production cuts between May and July.
Dharmendra Pradhan, Petroleum Minister indicates petrol, diesel prices to come down in the coming days, whereas fuel prices in Mumbai are higher among other major cities. In Delhi, petrol was priced at Rs 90.56 per litre while diesel was being sold at Rs 80.87 per litre. In Mumbai, petrol is priced at Rs 96.98 a litre while diesel is at Rs 87.96 a litre.
The discrepancy in prices between Delhi and Mumbai is owing to different prices in different cities. Petrol and Diesel prices are fixed based on freight charges, local taxes...