INSUBCONTINENT EXCLUSIVE:
Domestic petrol and diesel prices vary from state to state due to value added tax (VAT).State-run oil marketing companies, including Indian
Oil Corporation, hiked the prices of diesel yet again across the metros on Monday, while leaving petrol prices untouched
per litre) in the four metros:CityPetrolDieselDelhi80.4381.94Kolkata82.1077.04Mumbai87.1980.11Chennai83.6378.86(Source: Indian
due to value added tax (VAT).Oil companies review the rates on a daily basis, based on changes in international crude oil rates and the
rupee-dollar foreign exchange rate, and implement any changes with effect from 6 am.Meanwhile, oil prices edged lower on Monday as rising
coronavirus cases and tensions between the United States and China pushed investors toward safe-haven assets
Brent crude dipped 10 cents, or 0.2 per cent, to $43.24 a barrel by 0041 GMT while U.S
West Texas Intermediate (WTI) crude was at $41.24 a barrel, down 5 cents.
