India

Petrol price crosses Rs 100-mark in Mumbai


Image Source : REPRESENTATIONAL IMAGE.

Petrol price crosses Rs 100-mark in Mumbai.

Petrol and diesel prices have been hiked again on Thursday. In Delhi, petrol prices have been increased by 26 paise to retail at Rs 97.76 per litre. Diesel prices have also become dearer in the national capital by 7 paise to retail at Rs 88.30 per litre.

In Mumbai, one has to shell out Rs 103.89 for a litre of petrol and Rs 95.79 for a litre of diesel. With the latest hike, petrol is now being sold at Rs 98.88 per litre and diesel at Rs 92.89 per litre in Chennai. 

In West Bengal’s Kolkata, petrol prices went up to Rs 97.63  per litre and diesel price too went up to 91.15 per litre.

Rates have been increased across the country and differ from state to state depending on the incidence of value-added tax.

Earlier, Congress leaders and workers had held nationwide protests against the rising prices of fuel in the country.

With global crude prices also rising on a pick up demand and depleting inventories of worlds largest fuel guzzler- the US, retail prices of fuel in India is expected to firm up further in coming days. The benchmark Brent crude reached multi-year high level of over $ 75 on ICE or Intercontinental Exchange.

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