Petrol & Diesel prices at an all-time high

Petrol and diesel prices have been hiked by 33 paise per litre and 26 paise per litre respectively. In the national capital, petrol now costs Rs. 76.24 per litre, while diesel has been priced at Rs. 67.57 per litre.

Fuel prices in Delhi are the lowest among metros in India. In Mumbai, a litre of petrol costs Rs. 84.07, making it the most expensive in the country. At Rs. 73.45, diesel is costliest in Hyderabad.

Goa has the cheapest petrol, priced at Rs. 70.26 per litre in Panjim, while Port Blair has the cheapest diesel, retailing at Rs. 63.35 per litre.

The steep rise in fuel prices is a result of rising crude oil prices in the international market. Oil prices have hit US$ 80 per barrel, the highest since November 2014. The rupee has also weakened, resulting in the price hike.

Source: Economic Times