Petrol, Diesel Prices Cut For Fifth Straight Day

INSUBCONTINENT EXCLUSIVE:
The price of petrol was Rs 73.76 per litre in Delhi on Monday, and that of diesel Rs 66.91 per litrePetrol and diesel prices were lowered by
12-13 paise per litre on Monday compared to the previous day's prices
That marked a fifth straight day of downward revision in domestic fuel prices
With effect from 6 am, the price of petrol was revised to Rs 73.76 per litre in Delhi from Rs 73.89 per litre the previous day, data from
Indian Oil Corporation showed
today's petrol and diesel rates in your city through SMS)In Mumbai, the price of petrol stood at Rs 79.37 per litre and diesel at Rs 70.14
per litre on Monday, according to notifications from Indian Oil Corporation
litreDelhi73.7666.91Kolkata76.4069.27Mumbai79.3770.14Chennai76.6170.68(Source: Indian Oil Corporation)Currently, the prices of petrol and
diesel are reviewed by oil marketing companies such as state-run Indian Oil on a daily basis, and any revisions implemented at fuel stations
It was last seen trading at 71.03, down 0.20 per cent from its previous close of 70.89.Crude oil prices were little changed on Monday, with
Brent crude futures - the global benchmark - down 1 cent at $58.36 a barrel.Brent crude futures had hit $71.95 per barrel last month after
an attack on Saudi Arabian oil facilities shut about 5 per cent of global supply
A faster-than-expected resumption in Saudi Arabia's production since then has exerted downward pressure on oil prices.The price of petrol
has been reduced by a cumulative 85 paise per litre - or 1.14 per litre - in Delhi over a period of five days
The rate of diesel has been lowered by 58 paise per litre - or 0.86 per cent - in the national capital during this period.Get Breaking news,
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