INSUBCONTINENT EXCLUSIVE:
unchanged for the 19th 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 dropped, reversing gains in the
previous session, on growing talk the United States, Japan and India will release crude reserves to tame prices despite the threat of demand
faltering as Covid-19 cases flare up in Europe
United States West Texas Intermediate (WTI) crude futures fell 43 cents, or 0.6 per cent, to $76.32 a barrel
Brent crude futures fell 30 cents, or 0.4 per cent, to $79.40 a barrel.
