INSUBCONTINENT EXCLUSIVE:
Petrol, Diesel prices today: Petrol prices in Delhi are the lowest among all metro cities.Oil Marketing Companies (OMCs) hiked the prices of
petrol and diesel on Saturday across four metros of the country for second straight day
According to the rate chart of IOC (Indian Oil Corporation), petrol is being sold today at Rs 77.23 per litre in Delhi and Rs
84.67 per litre in Mumbai
Petrol prices in Kolkata and Chennai are at Rs 80.18 per litre and Rs 80.23 per litre respectively
Diesel can be purchased today at Rs 68.71 per litre in Delhi
Diesel prices stand at Rs
72.94 per litre in Mumbai, Rs
71.55 per litre in Kolkata and Rs
72.57 per litre in Chennai, as stated by IOC, the nation's largest fuel retailer.State-run oil marketing companies Indian Oil, Bharat
Petroleum and Hindustan Petroleum revise fuel prices with effect from 6 am on a daily basis
Petrol prices in Delhi are the lowest among all metro cities due to lower sales tax or VAT (Value Added-Tax).Petrol price had touched an
all-time high of Rs 78.43 a litre on May 29 and had since receded
On that day, the diesel price had touched an all-time high of Rs 69.30.According to a Press Trust of India (PTI) report, state-owned oil
firms had in mid-June last year dumped 15-year practice of revising rates on 1st and 16th of every month in favour of daily price revisions
High prices have off-and-on triggered demands for a reduction in excise duty but the government had ruled out any immediate cut
prices rose more than 1 per cent on Friday as US sanctions against Iran looked set to tighten supply, but futures contracts posted a weekly
decline as investors worried that global trade disputes could slow economic growth and hurt demand for energy
Prices are expected to remain under pressure as US gasoline demand slows going into the autumn and refiners shut for maintenance, pushing
more crude into storage, said Tariq Zahir, managing member at Tyche Capital in New York, reported news agency Reuters
