INSUBCONTINENT EXCLUSIVE:
Fuel prices today: In the national capital, petrol was sold at Rs
82.66 per litre on Saturday.Petrol and diesel prices have been steadily rising despite the government's move to cut excise duty applicable
On Saturday, the oil marketing companies (OMCs) hiked rates of petrol and diesel by 18 paise per litre and 29 paise per litre, respectively,
In the national capital, petrol was sold at Rs
82.66 per litre on Saturday, according to Indian Oil Corporation (IOC)
Petrol rates in Mumbai, Kolkata and Chennai climbed to Rs
85.92 respectively, with effect from 6 am on Saturday.Diesel prices stood at Rs
75.19 per litre, Rs.78.82 per litre, Rs
79.51 per litre in Delhi, Mumbai, Kolkata and Chennai respectively on Saturday.Here are 5 things to know about petrol, diesel prices:1
Amid the rising fuel rates, diesel consumption fell for the first time in 10 months year-on-year in September, while petrol sales grew by
the least in four months as record high pump prices dented demand, reported news agency Reuters
Lower local sales of petrol and diesel curbed growth in overall fuel demand to 1.1 per cent in September.2
Minister Dharmendra Pradhan
"The discussion centered around increasing domestic oil production, subsidy borne by oil marketing companies (OMCs) and reducing oil imports
to cut down the current account deficit," news agency IANS (Indo Asian News Agency) quoted a senior official as saying.3
orders to buy Iranian oil in November.5
On October 4, the Central government announced a cut of Rs 2.50 a litre each for petrol and diesel and urged state governments to match the
reduction to provide relief from high fuel prices
