INSUBCONTINENT EXCLUSIVE:
Petrol and Diesel Prices: Fuel rates were steady across metro cities todayPetrol, Diesel Prices Today: Petrol and diesel prices were kept
unchanged on Saturday, December 18
Earlier, the Delhi government had reduced value-added tax (VAT) on petrol from 30 per cent to 19.40 per cent
As a result, petrol prices in the national capital were slashed by Rs 8.56 per litre
One litre of petrol now costs Rs 95.41 from Rs 103.97 earlier, however, diesel prices were kept unchanged at Rs 86.67 in Delhi.In Mumbai,
petrol is retailed at Rs 109.98 per litre, while diesel is being sold at Rs 94.14 per litre
Among the metro cities, fuel rates are still the highest in Mumbai
The rates vary across the states due to VAT
Hindustan Petroleum revise the fuel rates on a daily basis, by taking into account the crude oil prices in the international markets, and
the rupee-dollar exchange rates
down on the week as surging cases of the Omicron coronavirus variant raised fears that new restrictions may hit fuel demand.Brent crude
futures settled down $1.50, or two per cent, at $73.52 a barrel, while U.S
West Texas Intermediate (WTI) crude dropped $1.52, or 2.1 per cent, to settle at $70.86 a barrel
