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Fuel prices hit new highs, petrol close to Rs 91 in Mumbai
Petrol prices in the other key cities of Delhi, Kolkata and Chennai were at Rs 83.40, Rs 85.21 and Rs 86.70 per litre, respectively -- all at new record levels -- higher than the previous levels of Rs 83.22, Rs 85.03 and Rs 86.51 per litre.
By
migrator
migrator
Mumbai
The increase in transportation fuel prices comes amid surging crude oil prices. Currently, Brent crude oil is priced around $83 per barrel.
Sector experts also attribute the high domestic fuel prices to the high rate of excise duty across the country.
In tandem with petrol, cost of diesel also rose to hit new highs on Saturday.
Prices of the fuel in the four metros of Delhi, Kolkata, Mumbai and Chennai were Rs 74.63, Rs 76.48, Rs 79.23 and Rs 78.91 a litre, respectively, up from the Friday's levels of Rs 74.42, Rs 76.27, Rs 79.01 and Rs 78.69 per litre.
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