INSUBCONTINENT EXCLUSIVE:
prices were increased again on Friday after a day's pause which was followed by two straight hikes
A litre of petrol in Delhi will now cost Rs 97.81, while diesel will be sold at Rs 89.07, according to a price notification of state fuel
Among the metro cities, fuel rates are still the highest in Mumbai
The prices vary across the states due to VAT.The rates were held steady for over four months despite the spike in crude oil prices
price across the metro cities:State-run oil refiners such as Indian Oil, Bharat Petroleum, and 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
Any changes in petrol and diesel prices are implemented with effect from 6 am every day.India is 85 per cent dependent on imports to meet
per litre is required to fully pass the increase in international oil prices.Globally, oil continued to slide a little, as the United States
and allies considered releasing more oil from storage to cool markets
Brent crude falling 0.22 per cent to $118.77 per barrel and U.S
crude down 0.5 per cent to $111.74 a barrel.
