Fuel prices continue to rise, Petrol at Rs 89.01 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)

Mumbai, Sep 15 : Petrol and Diesel prices are setting an all-time high record with each passing day across the country.In Delhi, Petrol is being sold at Rs 81.63 per litre (up by Rs 0.35 per litre), and in Mumbai people will have to shell out Rs 89.01 per litre (up by Rs 0.34/litre).

Diesel prices, on the other hand, registered a similar surge in both the metropolitan cities. It is retailing at Rs 73.54 per litre (increased by Rs 0.24 per litre) in the national capital and at Rs 78.07 per litre (increased by Rs 0.25 per litre) in the financial capital.

Prices of petrol and diesel vary from one city to another because of differences in local sales tax or VAT (Value Added Tax) and transportation cost.
Delhi has the cheapest fuel rates among all metros and most state capitals because of lower taxes. Mumbai has the highest sales tax or VAT.

On Friday, Petrol price was  Rs 81.28/litre, while diesel price has been revised to Rs 73.30/litre in Delhi.

In Chennai, where the petrol prices are nearing Rs 85/litre-mark, the petrol price touched fresh highs at Rs 84.49/litre on September 14 after seeing a 30 paise hike. Similarly, diesel price was up 24 paise to Rs 77.49/litre.

Petrol is selling at Rs 83.14/litre in Kolkata after a 27 paise hike on Friday. The cost of diesel increased by 43 paise to Rs 75.36/litre.

 

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