Petrol Price Drops To Rs 99.47 In Chennai, Unchanged In Other Metro Cities

INSUBCONTINENT EXCLUSIVE:
Petrol and Diesel Rate Today: Petrol rates were dropped to Rs 99.47 per litre in ChennaiPetrol, Diesel Price Today: Petrol price in Tamil
Nadu's capital - Chennai was reduced to Rs 99.47 per litre on Saturday, August 14, a day after the Tamil Nadu government announced a tax
cut of Rs 3 on the fuel, according to data by the Indian Oil Corporation
The diesel price in the city remained unchanged at record-high levels and is being sold at Rs 94.39 per litre. On Friday, August 13, Tamil
Nadu Finance Minister Palanivel Thiaga Rajan announced tax cuts while presenting the Revised Budget for 2021-22 to the Assembly.However,
the fuel rates remained unchanged for the 28th consecutive day in the other metro cities of the country
In the national capital, petrol prices were steady at Rs 101.84 per litre and diesel rates were unchanged at Rs 89.87 per litre. In
Mumbai, petrol prices stood at Rs 107.83 per litre, while diesel is retailed at Rs 97.45 per litre. (Also Read:How To Check Latest
Petrol And Diesel Rates In Your City). Among the four metro cities, petrol and diesel prices are the highest in Mumbai, according to
the state-run oil refiner. Fuel rates vary across the states due to value-added tax (VAT). Here are the petrol and diesel price across
the metro cities:State-run oil refiners such as Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel rates on a daily basis,
considering the crude oil prices in international markets and the rupee-dollar exchange rates
Any changes in petrol, diesel prices are implemented with effect from 6 am each day. On Friday, August 13, Brent crude futures, the
global oil benchmark, fell 0.13 per cent to $ 71.22 per barrel
The rupee reversed its intra-day losses and settled almost flat to 72.24 against the US dollar tracking the rally in domestic equities.