Market move● Neutral for Indian equities
Petrol and diesel prices today, October 5: Check fuel cost in Delhi, Mumbai, Bengaluru
The brief
- Oil marketing companies kept fuel rates unchanged despite geopolitical disruption to global crude and fuel markets
- Unchanged pump prices amid crude volatility affect Indian oil-marketing companies’ margins
- Deep-sea gas becomes costlier as government raises price ceiling
- Bulk diesel price up Rs 14.6/litre as crude surge squeezes oil cos' margins
- Neelkanth Mishra Says Global Market Stress Already Visible, Fuel Prices And Bond Yields Rising
- Fuel, finance shocks already hitting global economy; India better placed but not insulated: Neelkanth Mishra
- Diesel boom lifts Reliance and Nayara, leaves state-run OMCs bleeding