INSUBCONTINENT EXCLUSIVE:
unchanged for the 15th consecutive day on Friday
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 rose slightly on Thursday after
dropping to six-week lows as investors wondered about how much crude major economies would release from their strategic reserves and how
much that would ease global crude demand pressures
Brent crude settled up 96 cents, or 1.2 per cent, at $81.24 a barrel
The session low of $79.28 was the lowest since October 7
United States West Texas Intermediate crude futures closed 65 cents, or 0.8 per cent, higher at $79.01 a barrel
It also fell during the session to the lowest since early last month at $77.08.
