Fuel price hike: Petrol hits record high of Rs 92.04 per litre in Mumbai, to cost Rs 85.45 in Delhi Petrol and diesel prices were hiked by 25 paise per litre each for the third time in the same week. After the revisions, diesel will be at an all time high Rs 75.63 a litre in the National Capital and Rs 82.40 in Mumbai Representational image. Reuters
Petrol price on Friday crossed Rs 92 a litre mark in Mumbai, while diesel touched an all-time high after rates were raised for the third time this week.
Petrol and diesel prices were hiked by 25 paise per litre each, according to a price notification from oil marketing companies.
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Fuel prices at record high in the country, petrol crosses Rs 92 mark in Mumbai; know rates here
Fuel prices are now at a record high in the country, prompting cries for a cut in excise duty to ease the burden on the consumers.
DNA Web Team
Jan 22, 2021, 04:26 PM IST
As fuel prices continue to hit new highs, the government is considering a cut in excise duty and the ministry of petroleum and natural gas has already written to the finance ministry, suggesting a cut in the duty. The government had raised excise duty in March when crude oil prices were down. The excise duty on petrol was raised to Rs 32.98 per litre from Rs 19.98 and diesel to Rs 31.83 per litre from Rs 15.83.
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Fuel on Fire! Petrol prices in Delhi hit new high at â¹85.45; Mumbai at â¹92.04. Check revised rates
Petrol and diesel prices rose again by 22-27 paise per litre on Friday after oil marketing companies (OMCs) decided to continue the upward price revision of auto fuels, after keeping rates static for two days. Following todayâs rate revision, petrol prices were hiked by 22-25 paise a litre while the price of diesel was raised by 23-27 paise across major metro cities of the country.
Petrol in Delhi has touched all-time high and costs Rs 85.45 per litre while diesel is retailing at Rs 75.63 per litre, 25 paisa more than the previous price, as per data from Indian Oil Corporation website. Cost of petrol per litre in Mumbai is also at its record high of Rs 92.04 while a litre of diesel costs Rs 82.40.