INSUBCONTINENT EXCLUSIVE:
record highs on Saturday, October 9, as rates were hiked for the fifth straight day
In the national capital, petrol prices were hiked by 30 paise from Rs 103.54 per litre to Rs 103.84 per litre, while diesel rates were hiked
by 35 paise from Rs 90.12 to Rs 90.47, according to Indian Oil Corporation.In Mumbai, the petrol prices now nears the Rs 110-mark, after
being hiked by 29 paise to Rs 109.83 per litre, and diesel rates crossed the Rs 100-mark - currently being sold at Rs 100.29 per litre
Among the four metro cities, fuel rates are the highest in Mumbai, according to the state-run oil refiner
Hindustan Petroleum revise the fuel rates on a daily basis, by taking into account the crude oil prices in the international markets, and
the rupee-dollar exchange rates
Any changes in petrol and diesel prices are implemented with effect from 6 am every day.On Friday, October 8, Brent crude futures, the
United States dollar amid rising crude oil prices which weighed on investor sentiment, even as the domestic equities registered gains.