INSUBCONTINENT EXCLUSIVE:
In Mumbai, petrol is 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 still the highest in Mumbai
Fuel prices vary across the states due to value-added tax or VAT
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 rose to a more than seven-year
high on worries about possible supply disruptions after Yemen's Houthi group attacked the United Arab Emirates, escalating hostilities
between the Iran-aligned group and a Saudi Arabian-led coalition
Brent crude futures were up 44 cents, or 0.5 per cent, at $86.92 a barrel, after earlier hitting a high of $87.00, their highest since
United States West Texas Intermediate (WTI) crude futures jumped 81 cents, or 1 per cent, from Friday's settlement to $84.62 a barrel,
just off a more than two-month high of $84.78 hit earlier.
