Fresh hike in fuel prices, petrol closer to Rs 88 in Mumbai

petrol price
New Delhi: The petrol price in Delhi touched a near-five year high of Rs 73.83 a litre while the price of diesel also touched a fresh record high in the national capital, on April 2, 2018. (Photo: IANS)

New Delhi, Oct 12: Fuel prices across the nation continued to rise unabated and touched new record levels on Friday despite the central government announcing a Rs 2.50 per litre cut in excise duty recently.

In Delhi, petrol is being sold at Rs 82.48 per litre after an increase of 12 paise while diesel is being sold at Rs 74.90 per litre after a 28 paise revision.

Skyrocketing prices of fuel are also continuing to burn holes in the pockets of common man residing in Mumbai, where petrol is retailing at Rs 87.94 per litre and diesel at Rs 78.51 per litre.

Similarly, the price of petrol is almost close to Rs 88 per litre in Hyderabad and diesel at Rs 81.47 per litre.

Patna (Rs 85.93 per litre), Trivandrum (Rs 85.71 per litre), Chennai (Rs 85.73) and Kolkata (Rs 84.31 per litre) are amongst the cities which currently have the highest fuel price. People in Noida and Gurugram will have to shell out Rs 80.01/litre and Rs 80.85/litre respectively for petrol on Friday.

Among other major cities, diesel was retailing in Kolkata at Rs 76.75 per litre and Rs 75.29 per litre in Bengaluru.

The government has blamed the rising global crude oil prices for the hike in petrol and diesel prices domestically. The price of Brent crude oil crossed $ 85 per barrel last week. However, the price has come down now and the crude oil is selling at around $ 81 per barrel.

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