INSUBCONTINENT EXCLUSIVE:
Petrol, diesel prices today: Petrol is retailing at a price of Rs 78.05 per litre in Delhi today.Diesel prices hit fresh record levels in
four metros across the country on Tuesday.Oil Marketing Companies (OMCs) increased the prices of both petrol and diesel today for a third
According to daily price notification issued by state-owned oil firms, diesel can be purchased today at Rs 69.61 per litre in Delhi
Diesel is being sold at Rs
73.90 per litre in Mumbai, Rs
72.46 per litre in Kolkata and Rs
73.54 per litre in Chennai
The revised rates are applicable from 6 am on August 28, 2018.Petrol is retailing at a price of Rs 78.05 per litre in the national capital
In Mumbai, petrol is being sold at Rs
85.47 per litre in Mumbai
Petrol is priced at Rs 80.98 per litre in Kolkata and Rs
transportation of food and agricultural products and an increase in its price may lead to higher inflation
The surge in fuel prices is largely attributed to the recent rise in crude oil cost and the high excise duty levied on transportation fuel
in the country.State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel prices with effect from 6
Fuel prices in Delhi are the cheapest in all metros and most state capitals due to lower sales tax or VAT (Value Added Tax)
Mumbai has the highest VAT (Value Added Tax) of 39.12 per cent on petrol.According to a report of Press Trust of India (PTI), petrol and
diesel will not come under the purview of Goods and Services Tax (GST) in the immediate future as neither the Central government nor any of
the states is in favour on fears of heavy revenue loss.Globally, oil prices rose on Tuesday as risks of supply disruptions from places such
as Venezuela, Africa and Iran triggered expectations of a tightening market
Despite some concerns about an economic slowdown because of the US-China trade conflict, crude supplies are relatively tight due to
disruptions as well as voluntary restraints on output by the Organization of the Petroleum Exporting Countries (OPEC), reported Reuters
