New Delhi: The price of petrol rose to Rs 85.7 per litre on Saturday after registering an all-time high of Rs 84.45 per litre yesterday. Diesel price also registered a hike of Rs 0.25 as it is being sold at Rs 75.88 per litre today.
In Mumbai, petrol price is at Rs 92.28 per litre while diesel is being sold at Rs 82.66. In Chennai, petrol and diesel prices are at Rs 88.29 and Rs 81.14 per litre. In Kolkata, the prices of petrol and diesel are at Rs 87.11 and Rs 79.48 per litre respectively.
Petrol and diesel prices in Madhya Pradesh’s Bhopal is at Rs 93.59 and Rs 83.85 per litre respectively.
The current price rise is largely on account of a steep increase in the central taxes of petrol and diesel and firm crude prices.
Oil companies executives had said that petrol and diesel prices may increase further in the coming days as retail prices may have to be balanced in line with global developments to prevent OMCs from making losses on sale of auto fuels.