INSUBCONTINENT EXCLUSIVE:
Petrol, Diesel prices today: The revised rates are applicable from 6 am on August 5, 2018.The prices of petrol and diesel were increased by
the state-run oil marketing companies (OMCs) for fourth straight day on Sunday
According to the revised rate chart, petrol can be bought today for Rs
The petrol is available in Mumbai, Kolkata and Chennai for Rs
Diesel prices today stand at Rs
68.32 per litre in Delhi, as stated by IOC (Indian Oil Corporation), the nation's largest fuel retailer
Diesel price in Mumbai is Rs
Diesel price in Kolkata is Rs
In Chennai, it is Rs 72.16 per litre
The new rates are applicable from 6 am on August 5, 2018.Petrol prices in Delhi are the lowest among all metro cities on a daily basis due
to lower sales tax or VAT (Value Added-Tax)
Fuel prices in the country are largely determined by oil marketing companies according to global crude oil rates, rupee-dollar exchange
rate, among several other factors
State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel prices with effect from 6 am on a daily
basis.On Saturday, petrol was sold at the rate of Rs
76.70 per litre in Delhi, Rs
79.62 per litre in Kolkata, Rs
84.14 per litre in Mumbai, and Rs
79.68 per litre in Chennai
Diesel was sold on Saturday at the rate of Rs.68.20 per litre in Delhi, Rs
70.98 per litre in Kolkata, Rs
72.40 per litre in Mumbai, and Rs
country and the state-owned company, as reported by news agency Press Trust of India (PTI)
"Both India and our company are comfortable at $60 to 65, as the cost of production margin is reasonably good then
If the price is $65 to 70, we can recover our cost of production of $63," said Utpal Bora, Chief Managing Director, Oil India Ltd.
