OIL & GAS

Petrol Price Today Crosses Rs 102/litre in Mumbai. Know Why Fuel is So Costly

By News18

There seems to be no respite for the common man as fuel prices continue to rise in the country. The state-run oil marketing companies have hiked the petrol and diesel prices again today. With the recent hike, petrol has touched a record high of Rs 102 for a litre in Mumbai on June 11.

A litre of petrol costs Rs 95.85 in the national capital, highest ever. While petrol has become expensive by up to 31 paise, diesel is costlier by up to 28 paise on Friday, according to Indian Oil Corporation.

Fuel prices have been soaring since the beginning of May. State-run companies resumed daily revisions on May 4 after an over 18-day halt. Since then, petrol price has risen by over Rs 6 per litre.

Petrol is retailing above the ₹100 per litre mark in six states and union territories — Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana and Ladakh.

Diesel prices have also witnessed a sharp increase in last one month. In Mumbai, a litre of diesel is being sold at ₹94.15 for a litre. Diesel price has climbed to Rs 86.75 for a litre in Delhi on Friday.

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