INSUBCONTINENT EXCLUSIVE:
Any changes in the rates are implemented at petrol and diesel stations with effect from 6 am.Petrol and diesel prices were cut marginally
across four metros of the country on Tuesday
While the petrol rates were decreased by 5 paise per litre in Delhi, Mumbai, Kolkata and Chennai, the diesel prices were lowered by 7 paise
per litre, data from Indian Oil Corporation showed
Currently, state-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum review petrol and diesel prices on a daily
litre on Tuesday, 5 paise down from the Monday's level of Rs 72.46 per litre, according to state-run Indian Oil Corporation's data- iocl.com
In Mumbai, Kolkata and Chennai, prices of petrol fell to Rs 78.04, Rs 74.49 and Rs
75.20 per litre respectively
website)The fuel rates vary from city to city and from pump to pump, depending on local taxes and transportation cost.As per the country's
dynamic pricing mechanism, the petrol and diesel prices depend on international fuel prices on a 15-day average and the value of the
as saying in news agency Reuters report.Globally, oil prices rose on Tuesday, lifted by healthy demand and output cuts led by producer group
A rally in broader financial markets also supported crude futures, although analysts still warned of risks to the global economy
