INSUBCONTINENT EXCLUSIVE:
In Delhi and Kolkata, petrol prices were hiked by 7 and 4 paise per litre, respectivelyOil marketing companies increased the prices of
petrol and diesel on Monday, which marked a fifth straight day of hike in the fuel rates
With effect from 6 am on Monday, the price of petrol was at Rs
70.44 per litre in Delhi, Rs
72.67 per litre in Kolkata, Rs
76.11 per litre in Mumbai and Rs
73.15 per litre in Chennai, according to Indian Oil Corporation's (IOC) website, iocl.com
Petrol prices were hiked in the range of 4-7 paise per litre in the four metros compared to the previous day's rates, data from Indian Oil
showed.In Delhi and Kolkata, petrol prices were hiked by 7 and 4 paise per litre, respectively
In Mumbai and Chennai, the rates were increased by 5 paise per litre.The rate of diesel was at Rs
64.27 per litre in Delhi, Rs
66.16 per litre in Kolkata, Rs
67.36 per litre in Mumbai and Rs
67.96 per litre in Chennai
In Delhi and Kolkata, diesel prices were hiked by 8 and 5 paise per litre, respectively
In Mumbai and Chennai, the rates were increased by 6 paise per litre.(In Delhi, diesel prices were hiked by 8 paise per litre)Oil marketing
companies review fuel prices on a daily basis, and any revisions are implemented at the fuel stations with effect from 6 am
The domestic fuel prices are determined broadly by the global crude oil and rupee-dollar forex rates.Globally, oil prices were up on Monday
as OPEC and its allies looked on track to extend supply cuts until at least the end of 2019 at their meeting in Vienna this week, reported
news agency Reuters.Brent crude futures for September delivery rose to as high as $66.75 a barrel and were up $1.89 at $66.63 a barrel in
intraday trade.(With agency inputs)Get Breaking news, live coverage, and Latest News from India and around the world on
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