At the interbank foreign exchange, the rupee opened at 71.36 against the US dollar, showing a decline of 8 paise over its previous closing

At the interbank foreign exchange, the rupee opened at 70.80 then lost momentum and fell to 70.84 against the US dollar, showing a decline of 15 paise over its previous closing

The fall in consumption of petroleum products has also led to the decrease in crude oil imports by 15 per cent in September. Consumption of fuel is likely to remain low in the coming months as well.

While petrol is selling at Rs 7.27 per litre in Delhi, per litre price for diesel is Rs 66.41. In Mumbai, petrol and diesel are being sold at Rs 78.88 per litre and 69.61 per litre, respectively

While petrol is selling at Rs 7.27 per litre in Delhi, per litre price for diesel is Rs 66.41. In Mumbai, petrol and diesel are being sold at Rs 78.88 per litre and 69.61 per litre, respectively

At the interbank foreign exchange market, the rupee opened higher at 70.83 and touched an intra-day high of 70.74 against the American currency

Petrol and diesel price today: In total, petrol has seen a Rs 1.14-paise drop in price, while diesel prices have been cut by 0.84 paise since October 2

The US in January imposed the toughest sanctions yet on Venezuela's oil industry, depriving the OPEC-member nation of the main destination for its crude exports

Petrol and diesel price today: Petrol has seen Rs 1.01 paise drop in price, while diesel prices have been cut by 0.68 paise since October 2