INSUBCONTINENT EXCLUSIVE:
State-run oil marketing revise petrol, diesel prices with effect from 6 am on a daily basis.Oil-marketing companies increased the prices of
petrol, whereas diesel prices were slashed across the four metro cities on Monday
Petrol prices were raised by 7 paise in all four metros
72.78 per litre in New Delhi, Rs
74.86 per litre in Kolkata, Rs.78.40 per litre in Mumbai and Rs
75.59 per litre in Chennai, according to Indian Oil Corporation (IOC)
66.91 per litre in New Delhi, Rs
68.70 per litre in Kolkata, Rs
70.09 per litre in Mumbai and Rs
70.71 per litre in Chennai
Diesel rates were reduced by 16 paise in Delhi, Mumbai and Chennai, while it was cut by 15 paise in Kolkata
prices.(Diesel rates were reduced by 16 paise in Delhi, Mumbai and Chennai)State-run oil marketing companies Indian Oil, Bharat Petroleum
and Hindustan Petroleum revise fuel prices with effect from 6 am on a daily basis.Meanwhile, the rupee appreciated against the dollar on
Monday to rise above the 69-mark for the first time in more than seven months.Globally, oil prices were mixed on Monday, weighed by concerns
that an economic downturn may dent fuel consumption, but supported by supply cuts led by producer group OPEC and US sanctions against Iran
and Venezuela, reported news agency Reuters.Brent crude oil futures were at $67.24 per barrel in intraday trade, up 8 cents from their last
close, and not far off the $68.14 per barrel 2019-high reached last week.US West Texas Intermediate (WTI) futures were at $58.43 per barrel,
down 9 cents from their last settlement, but also still close to last week's 2019-high of $58.95.(With agency inputs)Get the latest
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