Fuel Prices Hit Record High, Petrol Nears ₹102 Per Litre In Mumbai

Mumbai: Petrol price was hiked by 23-25 ​​paise per litre and diesel by 23-27 paise per litre on Wednesday (June 9), the 22nd hike in rates since May 4, when state-run oil marketing companies (OMC) ended an 18-day pause in rate revision they observed during assembly elections.

It is worth noting that a rally in international oil prices touching a high of $71 a barrel took pump prices in India to new highs.

In Mumbai, petrol is retailing at ₹101.76/litre, the highest in a metro, while diesel costs ₹93.85. Rajasthan’s Sri Ganganagar district has the costliest petrol in India at ₹106.64/litre.

After today’s hike, petrol prices in Delhi climbed to Rs 95.56 (25 paise increase) a litre as against Rs 95.31 on Tuesday while diesel price soared to Rs 86.47 per litre as compared to Rs 86.22 a litre on Tuesday, as per data from Indian Oil Corporation website.

The retail price of petrol has gone up by Rs 1.07 per litre in the national capital so far this month, while that of diesel has gone up by 1.09 paise per litre. On Tuesday, OMCs kept auto fuel rates stable after two consecutive days of increase.

Citizens in Kolkata had to pay Rs 95.52 for a litre of petrol after an increase of 24 paise over Tuesday’s rate. The price of one litre of diesel is Rs 89.32, 25 paise more than yesterday’s Rs 89.07 per litre.

Likewise, in Chennai, the retail price of petrol price was increased by 23 paise to Rs 96.94 a litre, from Rs 96.71 recorded on Tuesday. Diesel costs Rs 91.15 a litre, 23 paise more than Tuesday’s price.

Here’s what you pay for a litre of petrol and diesel in your city after the latest hike on June 9.

(Source: IOL website)

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