New Delhi: Government oil marketing companies have released new oil prices. Despite drop in crude oil prices there has been no respite for the domestic consumers of fuel. The prices remain unchanged. With the beginning of the new month, there has been a decline in the crude oil market. But the effect of volatility in crude oil has not been reflected on the domestic market for the last four months. The retail fuel prices in the country are fixed on a rolling average of 15 days on the basis of oil prices in the international market.
Brent crude futures are down 0.6% at $103.34 per barrel, US WTI is down 0.7% at $97.87 per barrel.
