INSUBCONTINENT EXCLUSIVE:
unchanged for the 12th consecutive day on Tuesday
In Mumbai, petrol is retailed at Rs 109.98 per litre; while diesel is being sold at Rs 94.14 per litre.Despite the reduction in prices,
petrol rates are still above the Rs 100 per litre mark across the four metros and several cities in the country
Among the metro cities, fuel rates are the highest in Mumbai
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.Globally, oil prices slipped as a rebound in
Covid-19 cases in Europe raised concerns over demand amid expectation that supply will rise, while some in the market still fear the United
States may release crude reserves to stop a rally in gasoline prices
Brent futures fell 9 cents, or 0.1 per cent, to $81.96 a barrel, while United States West Texas Intermediate (WTI) crude slid 10 cents, or
0.1 per cent, to $80.78 a barrel.
