INSUBCONTINENT EXCLUSIVE:
A litre of petrol now costs Rs 95.41 in Delhi; while diesel rates stood at Rs 86.67.Petrol, Diesel Prices Today: Petrol and diesel prices
were kept unchanged on Wednesday, December 8
Last week, the Delhi government had reduced value-added tax (VAT) on petrol from 30 per cent to 19.40 per cent
unchanged since November 4, when the Centre had reduced excise duty on petrol and diesel by Rs 5 and Rs 10 per litre respectively.In Mumbai,
petrol is currently retailed at Rs 109.98 per litre; while diesel is being sold at Rs 94.14 per litre
Among the metro cities, fuel rates are the highest in Mumbai
such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise the fuel rates on a daily basis, by 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 edged lower, reversing gains
from earlier the week, as investors tried to assess the full impact of the Omicron coronavirus variant on global fuel demand and the
effectiveness of existing vaccines
Brent crude futures dropped 25 cents, or 0.3 per cent, to $75.19 a barrel, after settling 3.2 per cent higher on Tuesday
United States West Texas Intermediate crude was at $71.86 a barrel, down 19 cents, or 0.3 per cent, having gained 3.7 per cent in the
