It is important to note that the base prices of petrol and diesel today are Rs. 31.82 and 33.46 respectively. Excise duty, freight, VAT, and dealer commission are added to this price to determine the retail price of the fuel.
In Mumbai, petrol now costs Rs 95.75 per litre against 95.46 per litre on Monday and Rs 95.21 per litre on Sunday. The cost of diesel increased to Rs 86.72 per litre against Rs 86.34 on Monday and Rs 86.04 on Sunday.
NEW DELHI, Feb 16: Petrol price on Tuesday soared to Rs 99.87 per litre in Rajasthan - the highest level India has ever seen - as fuel prices were hiked