New Delhi: The prices of petrol and diesel have been hiked for the fifth consecutive day across all metro cities on Saturday amid firm global prices with the benchmark Brent crude gaining over two percent on a single day to cross $62 a barrel mark.
Petrol In Delhi Costs Rs. 88.14 per litre:
With a hike of 30 paise, the petrol currently retails at Rs. 88.14 per litre while diesel rates were increased by 36 paise to Rs. 78.74 per litre in Delhi.
Petrol In Mumbai Costs Rs. 94.93 per litre:
With the latest revision in fuel rates, it took petrol to an all-time high of Rs 94.93 litre in Mumbai while diesel costs Rs. 85.70 in the financial capital.
Petrol and diesel prices in other metro cities:
The price of diesel now stands at Rs. 90.70 in Chennai while diesel costs Rs. 83.86.
The price of petrol is Rs. 89.73 in Kolkata while diesel costs Rs. 82.33 in the TMC-ruled state.
The petrol prices increase across the country ranged from 25-30 paise per litre and diesel price 30-40 paise per litre depending on the level of local taxes on the two petroleum products.
Global Oil Prices On The Rise:
The increase has followed the firming global crude oil prices that have maintained record streak of gains in past few days reaching over $62 a barrel mark.
The firm global crude and product price is said to be the reason for the increase in retail price of petrol and diesel.
The current price rise is also said to be largely on account of steep increase in central taxes of petrol and diesel and firm crude prices.