Petrol price touching ₹83 in Delhi, above 90 mark in Mumbai
In Maharashtra's Parbhani, where petrol commands the highest price in India due to VAT and transportation cost, the rate has reached ₹91.99 a litre.
New Delhi: Petrol and diesel prices continued to jump once again today following yet another round of price hike by oil retailers. In Maharashtra’s Parbhani, where petrol commands the highest price in India due to VAT and transportation cost, the rate has reached ₹ 91.99 a litre. In Mumbai, it is already above the ₹ 90 mark while in Delhi petrol is touching ₹ 83.
Prices of both petrol and diesel, on the rise since August on account of soaring global crude oil rates and a declining rupee exchange rate, are at an all-time high.
A litre of petrol now costs ₹ 90.22 a litre in Mumbai, diesel ₹ 78.69. In Delhi, petrol is priced at ₹ 82.86, diesel costs ₹ 74.12. In Bangalore or Bengaluru, petrol price is ₹ 83.52 and diesel is ₹ 74.50. In Chennai, petrol price is ₹ 86.13 and diesel ₹ 78.36. In Hyderabad, petrol is ₹ 87.84 and diesel ₹ 80.62. In Kolkata, petrol is priced at ₹ 84.68 and diesel ₹ 75.97.
Also read: The cheapest and most expensive places to buy petrol, diesel in India
India imports about 80% of its crude oil requirement. International crude oil rates have been on the upswing since the last few months. The benchmark Brent crude oil prices have crossed $81 per barrel, a 30% jump from February. The falling exchange rate of rupee has made the matter worse for India. Rupee is now trading above 72, an all-time low against the US dollar.
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