Petrol, diesel rise to new record highs as rates hiked again
NEW DELHI: The price of petrol and diesel further scaled new height across the country on Saturday after rates were hiked again by 25 paise and 30 paise a litre, respectively.
The price of petrol in Delhi rose to its highest-ever level of Rs 102.14 a litre and to Rs 108.19 in Mumbai, according to a price notification of state-owned fuel retailers.
Diesel rates also touched a record high of Rs 90.47 in Delhi and Rs 98.16 a litre in Mumbai. Prices differ from state to state depending on the incidence of local taxes.
The price hike follows international oil prices soaring to near three-year high as global output disruptions forced energy companies to draw more crude oil out of their stockpiles.