New Delhi: Fuel prices continued to dip on Monday. In the national capital, petrol was at Rs 79.75 per litre at a decrease of Rs 0.30 while diesel was at Rs 73.85 per litre at a decrease of Rs 0.20. In Mumbai, petrol was at Rs 85.24 per litre while diesel was at Rs 77.40 per litre; at a decrease of Rs 0.30 and Rs 0.21 respectively. That’s price fall for the 12th day in a row. (Also read: PM Modi Meets CEOs of Global, Indian Oil Companies)

Union Minister Dharmendra Pradhan had said recently that crude prices were not under the control of the Indian government but determined by international forces. “Oil prices are beyond the control of the Indian Government. It is an international commodity. We promised to the people of this country that we will not push our country into indebtedness. That is the reason we took some burden on us,” said the minister. Whatever the price the international market dictates, India has to pay,” the Minister for Petroleum said, addressing delegates at the Bharatiya Janata Yuva Morch (BJYM) national convention. (Check the Live Petrol and Diesel Price Here)

Before the October 5 price cut, petrol in Delhi had hit an all-time high of Rs 84 per litre and diesel was at record Rs 75.45. This came down to Rs 81.50 per litre for petrol and Rs 72.95 in case of diesel. In Mumbai, petrol had hit a peak of Rs 91.34 hit on October 4 and diesel was sold at a record high of Rs 80.10.

Last Monday in the national capital, all 400 petrol pumps and CNG dispensing units remained shut for a day. They were protesting over the state government’s refusal to reduce the Value Added Tax (VAT) on fuels.  All 400 petrol pumps along with linked CNG dispensing units in Delhi remained shut. The Delhi Petrol Dealers Association (DPDA), which had called the protest, said in a statement, “There are about 400 petrol pumps in Delhi which also have linked compressed natural gas (CNG) stations and all of them will remain closed for nearly 24 hours in protest from 6 am onwards on October 22 and remain closed till 5 am on October 23.”