TIWN
New Delhi, Nov 27 (TIWN) Oil marketing companies have left petrol and diesel prices unchanged across the country on Wednesday.
The fuel prices are the cheapest in Delhi compared to all metros due to lower taxes. As per the daily pricing mechanism, the fuel prices are dependent on the global crude prices and the rupee-US dollar exchange rate as India imports almost 80 per cent of its crude requirements. The benchmark Brent crude was $62.98 per barrel in international market on Tuesday. 0 Comments Deputy vice president of Angel Broking, Anuj Gupta said: "The report of increase in crude oil stock in America has led to the decline in the international prices. This is likely to continue as talks on tariffs between the US and China are also going on which may lead to de-escalation of tensions."
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