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 pared gains late on Monday, but
finished the session higher as investors viewed Friday's slump in oil and financial markets as overdone absent more data on the Omicron
Brent briefly surged above $77 a barrel, while U.S crude touched highs above $72
Brent crude futures settled at $73.44 a barrel, up 72 cents or 1 per cent, having slid by $9.50 on Friday
United States West Texas Intermediate (WTI) crude settled up $1.80, or 2.6 per cent at $69.95 a barrel.
