New Delhi: Petrol prices touched new highs on Friday across the metro cities, while diesel prices were unchanged for the third consecutive day. In national capital, Petrol was sold at Rs 82.32 per litre – an increase of 10 paise, data on the Indian Oil Corp’s website showed. Also Read - Petrol Price Crosses Rs 82-Mark, Diesel Above Rs 72 a Litre
Petrol price in Mumbai – where the fuel cost is highest due to the highest VAT is Rs.89.69 per litre — up from Rs 89.63 per litre on Thursday. Also Read - Petrol, Diesel Prices Rise for Third Straight Day
|City||New rates (Rs)||previous rates (Rs) (on Sep. 19)||Hike (paise)|
Prices of the other key transportation fuel, diesel, however, was unchanged on Friday. Diesel prices in Delhi, Kolkata, Mumbai and Chennai were unchanged at Rs 73.87, Rs 75.72, Rs 78.42 and Rs 78.10 per litre receptively. Cost of the fuel in all the key cities except Kolkata are at their record levels. The all-time high price of diesel in the West Bengal capital is Rs 75.82, recorded on September 11.
The cost of transportation fuel has been on the rise since August 1, largely because of high crude oil prices and falling rupee. Depreciation in the Indian rupee against the US dollar makes the import of crude oil expensive as transaction is done in dollars. Sector experts feel that high excise duty in the country also aided the high prices.