INSUBCONTINENT EXCLUSIVE:
Petrol and diesel rates were raised to Rs 77.28/litre and Rs 75.79/litre respectively in DelhiPetrol and diesel prices were increased in
reviews following a 12-week pause
rate was increased to Rs 75.79 per litre from Rs 75.19 per litre, according to notifications from state-run Indian Oil Corporation, the
City)CityPetrolDieselDelhi77.2875.79Kolkata79.0871.38Mumbai84.1574.32Chennai80.8673.69(Source: Indian Oil)In the 11-day period, the price of
petrol has been increased by a cumulative Rs 6.02 per litre in the national capiital, and diesel by Rs 6.49 per litre.International crude
oil prices retreated on Wednesday, weighed down by an increase in US crude inventories and worries about a potential second wave of the
Brent crude futures - the global benchmark for crude oil - were last seen trading 1.0 per cent lower at $40.56 per barrel.State-run oil
marketing companies revise the prices of petrol and diesel from time to time, besides aviation turbine fuel (ATF) - or jet fuel - and
volatility in global oil markets.Fuel retailing in the country is dominated by state refiners - Indian Oil Corporation, Bharat Petroleum
Corporation and Hindustan Petroleum Corporation