Petrol price on Wednesday touched a record high of Rs 87.60 in the national capital, a day after breaching the Rs 87-a-litre mark. Petrol and diesel prices were hiked by 30 and 25 paise per litre respectively on Wednesday, according to a price notification from oil marketing companies. The diesel prices stood at Rs 77.73. Yesterday, the petrol price topped the Rs 87-mark to touch an all-time high of Rs 87.30 in New Delhi. Prices of the two were hiked by 35 paise per litre each. Fuel prices, which vary from state to state depending on local sales tax or VAT, are now at a record high in the country, prompting calls for a cut in excise duty to ease the burden on consumers. Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates.