INSUBCONTINENT EXCLUSIVE:
In Delhi and Kolkata, petrol prices were hiked by 7 and 8 paise per litre, respectivelyPetrol rates were increased by state-run oil
marketing companies on Tuesday, which marked a sixth straight day of hike in the fuel rates
With effect from 6 am on Tuesday, the price of petrol was at Rs
70.51 per litre in Delhi, Rs
72.75 per litre in Kolkata, Rs
76.15 per litre in Mumbai and Rs
73.19 per litre in Chennai, according to Indian Oil Corporation's (IOC) website, iocl.com
Petrol prices were hiked in the range of 4-8 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 8 paise per litre, respectively
In Mumbai and Chennai, the rates were increased by 4 paise per litre.The rate of diesel was at Rs
64.33 per litre in Delhi, Rs
66.23 per litre in Kolkata, Rs
67.40 per litre in Mumbai and Rs
67.96 per litre in Chennai
Diesel prices were hiked by 6 paise in Delhi, 7 paise in Kolkata and 4 paise in Mumbai
In Chennai, the rates were unchanged.(Diesel prices were hiked by 6 paise per litre in Delhi)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 gained on Tuesday as
producer club OPEC agreed to extend supply cuts until next March, although prices were pressured by worries demand could ease amid hints of
a slowdown in the global economy, reported news agency Reuters.Brent crude futures for September delivery were trading up 17 cents, or 0.3
per cent, at $65.23 a barrel in intraday trade.(With agency inputs)Get Breaking news, live coverage, and Latest News from India and around
the world on TheIndianSubcontinent.com
Catch all the Live TV action on TheIndianSubcontinent 24x7 and TheIndianSubcontinent India
Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.Budget 2019: Find the latest news on
TheIndianSubcontinent.com/budget
Use the income tax calculator to learn about your tax liability
