Petrol Price Crosses 90 Rupees In Mumbai, Cheapest In Delhi Among Metros

Marco Green
September 24, 2018

Oil Marketing Companies hiked the retail prices of petrol across the country on Friday while keeping diesel prices unchanged. Petrol price in Mumbai rose by 11 paise per litre while diesel price rose by 5 paise per litre.

The Karnataka government has also announced a reduction in cess on transport fuels by Rs 2 per litre each across the state effective from last Tuesday.

Petrol price in Kolkata increased by 10 paise per litre from Rs 84.44 per litre on September 23 to Rs 84.54 per litre.

Similarly, in other three cities of Delhi, Kolkata and Chennai, the fuel was priced at Rs 82.61, Rs 84.44 and Rs 85.87 per litre respectively, compared with Rs 82.44, Rs 84.27 and Rs 85.69 respectively. A litre of petrol was being sold in Mumbai at the rate of Rs 90.08, according to the website of International Olympic Committee, the largest fuel retailer of the country.

Fuel prices across the country have been scaling new heights since 31st August on the back of volatility in the worldwide oil market and a depreciating Rupee against the dollar.

Fuel prices have risen by more than Rs 5 per litre - the most in any one-month period since the daily revision in fuel prices was introduced in June previous year.

The Centre now levies an excise duty of Rs 19.48/litre on petrol and Rs 15.33 per litre on diesel. Mumbai has the highest sales tax or Value Added Tax (VAT).

Other reports by Click Lancashire

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