INSUBCONTINENT EXCLUSIVE:
66.66 per litre in New DelhiPrices of petrol and diesel were slashed across the four metro cities on Sunday by oil-marketing companies
73.07 per litre in New Delhi, Rs
75.11 per litre in Kolkata, Rs
78.66 per litre in Mumbai and Rs
75.87 per litre in Chennai, according to state-run Indian Oil Corporation's (IOC) website, iocl.com
Petrol prices were decreased by 6 paise per litre in Delhi and by 4 paise per litre in Kolkata
In Mumbai and Chennai, the prices were cut by 5 paise per litre
66.66 per litre in New Delhi, Rs
68.40 per litre in Kolkata, Rs
69.81 per litre in Mumbai and Rs
70.43 per litre in Chennai
Diesel rates were slashed by 5 paise per litre in all the metros.(Diesel rates were slashed by 5 paise per litre in all the metros)State-run
oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel prices with effect from 6 am on a daily basis.As
per the daily dynamic pricing regime, domestic fuel prices depend on international fuel prices on a 15-day average, besides the value of the
This is because a large proportion of country's requirement is met through imports.Globally, oil prices inched up on Friday as strong US
economic data boosted demand sentiment and as production losses in sanctions-hit Iran and Venezuela tightened the market
Still, oil futures recorded weekly declines after a jump in US crude inventories reported this week, reported news agency Reuters.Brent
crude oil futures settled at $70.85 a barrel, rising 10 cents
The global benchmark shed 2.6 per cent for the week, breaking a five-week winning streak.US West Texas Intermediate (WTI) crude futures
closed at $61.94 a barrel, up 13 cents, while losing about 3 per cent during the week, its second straight weekly decline.(With agency
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