INSUBCONTINENT EXCLUSIVE:
In Mumbai, the price of petrol stood at Rs 80.42 per litre and diesel at Rs 68.94 per litre on Tuesday.Petrol prices were hiked for a fifth
straight day across the four metro cities on Tuesday, while diesel rates remained unchanged
The price of petrol was increased by up to 10 paise per litre in the four metros - Delhi, Mumbai, Kolkata and Chennai on Tuesday, compared
with the previous day's rates, according to data from 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
revisions are implemented at fuel stations with effect from 6 am.With effect from 6 am on Tuesday, the price of petrol was revised to Rs
74.76 per litre in Delhi from Rs 74.66 per litre on the previous day, data from Indian Oil Corporation showed
litre and diesel at Rs 68.94 per litre on Tuesday, according to notifications from Indian Oil Corporation
The petrol and diesel rates were Rs 80.32 per litre and Rs 68.94 per litre in the city on the previous
day.CityPetrolDieselDelhi74.7665.73Kolkata77.4468.14Mumbai80.4268.94Chennai77.7269.47(Source: Indian Oil Corporation)(The price of petrol
and diesel in the four metros in rupees per litre)The domestic fuel prices are broadly determined by the rupee-dollar exchange rate and
capital inflows and gains in domestic equity market.Globally, oil prices were steady on Tuesday, hanging onto gains from the previous
session, after comments from the United States and China kept alive hopes that the world's two largest economies are soon to agree on
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