INSUBCONTINENT EXCLUSIVE:
Currently, petrol and diesel prices are determined broadly by crude oil and forex rates.Domestic prices of diesel were slashed up to 25
paise across the metros on Sunday, whereas petrol prices were maintained at existing levels except for a 2 paise reduction in Kolkata
In Delhi, the rate of diesel was slashed to Rs 71.58 per litre from Rs 71.82 per litre with effect from 6 am on September 20, but that of
petrol was left unchanged at Rs 81.14 per litre, according to notifications from Indian Oil Corporation (IOC), the country's largest fuel
Diesel Rates In Your City)CityPetrolDieselDelhi81.1471.58Kolkata82.6575.08Mumbai87.8278.02Chennai84.2176.99Source: Indian OilState-run oil
marking companies such as Indian Oil Corporation currently review the petrol and diesel prices on a daily basis, and implement any revisions
at fuel stations with effect from 6 am
Indian Oil, Bharat Petroleum and Hindustan Petroleum account for the majority of fuel stations in the countryDomestic fuel prices are
determined by factors such as the rates of global crude oil and the rupee-dollar currency exchange, and vary in different parts of the
country due to local taxes.On Friday, brent crude futures - the global benchmark for crude oil - fell 0.35 per cent to settle at $43.15 per
barrel, having hovered in a range of $42.53-43.80 per barrel during the session.
