INSUBCONTINENT EXCLUSIVE:
Petrol, Diesel prices today: Mumbai has the highest sales tax or value added tax (VAT).Petrol and diesel prices scaled new peaks on Sunday
as oil marketing companies (OMCs) raised the fuel rates across four metro cities
According to a price notification of state-owned fuel retailers, petrol prices in Delhi were increased by 17 paise per litre and diesel were
hiked by 10 paise per litre on Sunday
The cost of petrol inched closer to Rs 90-per-litre mark in Mumbai
Fuel rates vary from city to city and from pump to pump depending on local taxes and transportation cost.Here are key things to know about
petrol prices, diesel rates:1
In Delhi, petrol was retailed at Rs
82.61 per litre on Sunday
In Mumbai, petrol was sold at Rs
A litre of petrol was purchased at a price of Rs
The revised price of diesel in Delhi stood at Rs 73.97 per litre
Diesel was being sold at Rs.78.53 per litre in Mumbai, Rs.78.20 per litre in Chennai and Rs
75.82 per litre in Kolkata on Sunday.3
On Saturday, petrol prices were increased by the OMCs across four metro cities
However, diesel rates were kept stagnant on Saturday.4
Delhi has the cheapest fuel rates among all metros and most state capitals because of lower taxes.7
Globally, OPEC (Organization of the Petroleum Exporting Countries) and its allies reduced oil output in August as a drop in Iranian supply
due to US sanctions derailed their attempts to raise production to agreed levels, reported Reuters.9
The development further raises pressure on the OPEC to boost supply amid calls from US President Donald Trump to lower oil prices.10
Oil reached $80 a barrel this month, prompting Trump to demand again that OPEC bring down prices
