INSUBCONTINENT EXCLUSIVE:
Fuel prices today: Petrol and diesel prices vary from state to state due to local levies.Oil marketing companies (OMCs) raised petrol prices
in four metropolitan cities on Thursday while the rates of diesel were kept stagnant for second consecutive day
Petrol prices witnessed 6 paise per litre hike in Delhi, Mumbai and Kolkata
The rate was increased by 7 paise per litre in Chennai
After the revision, a litre of petrol is selling at Rs 82.22 in Delhi, Rs
Diesel is being retailed at a price of Rs
73.87 per litre in Delhi, Rs.78.42 per litre in Mumbai, Rs
78.10 per litre in Chennai and Rs
75.72 per litre in Kolkata, according to a price notification of state-owned fuel retailers
The diesel rates were same on Wednesday also.2
Petrol and diesel prices vary from state to state due to local levies.3
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
Depreciation in the Indian rupee against the US dollar also makes the import of crude oil expensive as transaction is done in dollars.4
Except for halts on September 5, September 12 and September 20, petrol prices have been hiked almost daily across India over the past few
Globally, oil prices rose for a third day on Thursday amid another drawdown in United States inventories and strong United States gasoline
demand, while signs OPEC may not raise output to address shrinking supplies from Iran also supported prices
