According to the Indian Oil website, the petrol rates in Delhi, Kolkata, Mumbai and Chennai were: Rs 73.76/litre, Rs 76.40/litre, Rs 79.40/litre and Rs 76.61/litre, respectively. The diesel rates in the four cities were: Rs 66.09/litre, Rs 69.27/litre, Rs 70.14/litre and Rs 71.68/litre.
The global crude oil prices also fell on Monday. The Brent crude rates were at $58.12 a barrel while the US West Texas Intermediate (WTI) crude was at $52.80 per barrel.
The fuel prices had seen a sharp rise after the September 14 drone attacks on a Saudi oil facility and a processing plant. A day later, the Brent crude oil rates went up by $71.95/barrel. But, now the rates are gradually coming down and the Brent Crude rates have dipped by $14 per barrel.