INSUBCONTINENT EXCLUSIVE:
However, in other metro cities, petrol and diesel prices were left unchanged.Petrol and diesel prices were slashed on Thursday only in the
national capital, New Delhi
According to data from the website of the largest fuel retailer of the country, Indian Oil Coporation (IOC), petrol prices in Delhi were cut
by 6 paise while diesel prices in Delhi were slashed by 12 paise
However, in other metro cities, petrol and diesel prices were left unchanged, as stated on IOC's website, iocl.com
A litre of petrol was being sold in Delhi for Rs 76.78 while a litre of diesel was being sold for Rs 68.35.As far as other metro cities are
concerned, petrol and diesel prices were the same as the last three days
A litre of petrol was being sold in Kolkata for Rs 79.51, in Mumbai for Rs 84.22, and in Chennai for Rs 79.76
as other metro cities are concerned, petrol and diesel prices were the same as the last three days.)These petrol and diesel rates came into
effect from 6 am on Thursday.In global commodities markets, oil prices buoyed after official data showed that US inventories of gasoline,
diesel and heating oil unexpectedly fell last week
Brent crude futures had risen 8 cents, or 0.1 per cent, to $72.98 by 0043 GMT or around 6 am IST
They climbed 1 per cent on Wednesday after initially falling to the lowest in three months following the release of official production and
stockpile data, which also showed a surprise build in US crude inventories
West Texas Intermediate (WTI) climbed 20 cents, or 0.3 per cent, to $68.96
They also gained about 1 per cent on Wednesday, according to a report by news agency Reuters.Local petrol and diesel prices are unlikely to
cool off by a wide margin anytime soon, said analysts
In fact, soaring crude oil prices will have an immediate effect on India's current account deficit, which ratings and analytics company
CRISIL expects would expand to 2.6 per cent of the GDP or gross domestic product on fiscal 2019 from 1.9 per cent in fiscal 2018 and 0.7 per
