Mumbai, Sep 10 : Petrol prices on Monday shot up to Rs 89.97 in Maharashtra’s Parbhani – the highest in India – as fuel prices continued to rise.
Parbhani District Petrol Dealers Association (PDPDA) President Sanjay Deshmukh said that while petrol was nearly touching the psychological barrier of Rs 90 per litre, (Rs 89.97), diesel prices stood at Rs 77.92 on Monday.
Fuel prices hit fresh record highs on Monday after oil marketing companies (OMCs) raised petrol and diesel rates across the four metros cities. Petrol prices crossed Rs. 88 per litre in Mumbai today. According to a notification of state-owned fuel retailers, petrol was being sold at a price of Rs. 80.73 per litre in Delhi, Rs. 88.12 per litre in Mumbai, Rs. 83.91 per litre in Chennai and Rs. 83.61 per litre in Kolkata. Diesel was being sold at a price of Rs. 72.83 per litre in Delhi, Rs. 77.32 per litre in Mumbai, Rs. 76.98 per litre in Chennai and Rs. 75.68 per litre in Kolkata.
The drop in rupee value and the rise in crude oil rates are mainly responsible for the rise in fuel prices