With motor oil price crossing the Rs 90 mark (petrol is selling in Mumbai at Rs 92 a litre), the Rs 100 mark is well within sight.
Rising motor oil prices have thrown up a unique problem not foreseen by those who designed the dispensing units (DUs) for petrol pumps. If motor oil prices cross the Rs 100 mark, DUs at petrol pumps will run out of digits.
The fuel dispensing units at petrol bunks have been calibrated for digital display of prices in two digits with two decimal figures and can display a maximum price of Rs 99.99. With this, if the price of the fuel touches Rs 100.00, the DUs will display Rs 0.00 and the vendor will have to collect the additional Rs 100 from consumer manually
Fuel Prices: Petrol and diesel rates are revised at 08:00 a.m. every day. Prices are updated basis DFP (Dynamic fuel pricing) daily
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