INSUBCONTINENT EXCLUSIVE:
across Delhi, Mumbai, Kolkata and Chennai in past three days, and diesel rates raised by over 80 paise per litre
litre on Monday, according to Indian Oil Corporation (IOC).Petrol rates in Mumbai, Kolkata and Chennai climbed to Rs 87.50, Rs 83.87 and Rs
85.26 respectively, with effect from 6 am on Monday
Chennai respectively.The Centre on Thursday cut excise duty by Rs 1.50 per litre and asked state-run oil companies to subsidise fuel by Rs 1
Chhattisgarh, Jharkhand, Tripura, Uttar Pradesh, Madhya Pradesh, Himachal Pradesh, Haryana Assam, Uttarakhand, Goa, Arunachal Pradesh, and
Petrol prices were increased by 14 paise per litre on Sunday across the four metros
Diesel rates were hiked by 29 paise per litre on Sunday.Meanwhile, two companies have placed orders to buy Iranian oil in November, oil
minister Dharmendra Pradhan said on Monday
However, the government does not yet know if it will be granted a waiver from US sanctions on Iran, he added.Globally, crude oil prices fell
Washington said it may grant waivers to sanctions against Iran's oil exports next month, and as Saudi Arabia was said to be replacing any
potential shortfall from Iran.Brent had hit a four-year high of $86.74 last week.(With inputs from agencies)
