Fuel Rates Static On November 10, 2021 Again; Brent Crude Above $85/bbl

Petrol and diesel prices across the country on November 10, 2021 are constant for the sixth day in a row today. After the excise duty cut, petrol rate in the country saw a reduction in price by Rs. 7-8, while for diesel rates came down by Rs. 11-13 per litre.

Fuel Rates Static On November 10, 2021 Again; Brent Crude Above $85/bbl

Here are the latest fuel rates as on November 10, 2021:

Metro city	Petrol rate in Rs/litre	Diesel rate in Rs./litre
Delhi	103.97	86.67
Mumbai	109.98	94.14
Kolkata	104.67	101.56
Chennai	101.4	91.43

The centre has announced excise duty reduction on auto fuels petrol and diesel by Rs. 5 and Rs. 10 respectively. Post which several BJP led states have also reduced the VAT implication but even after this fuel rate still rules above Rs. 100 mark in most Indian cities.

International crude rates

Both the important crude benchmarks traded with gains of up to 0.33 percent with Brent now above $85 per barrel level. On a year to date basis, crude oil has gain by up to 74 percent. Oil prices have been gaining after the passage of a $1 trillion US infrastructure bill, strong Chinese export data, and the return of global travel post easing of coronavirus led restrictions.

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