INSUBCONTINENT EXCLUSIVE:
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 dipped as investors eyed how
major producers respond to the United States -led emergency oil release designed to cool the market and with OPEC now expecting the release
Brent crude futures had slipped 0.95 per cent to $81.47 a barrel
United States West Texas Intermediate (WTI) crude futures fell 1.53 per ent to $77.19 a barrel.