Petrol, Diesel Prices Hiked Again; Petrol Crosses Rs. 99/Litre Mark In Mumbai

After a day's pause, the state-owned oil companies on Tuesday have increased fuel prices across the country. According to Indian Oil Corporation, petrol became costlier by 27 paise from Rs. 92.58 per litre to Rs. 92.85 per litre, while diesel prices soared by 29 paise from Rs. 83.22 per litre to Rs. 83.51 per litre in the national capital. For the first time, petrol has breached Rs. 99 per litre mark in Mumbai. Customers in the financial capital, Mumbai, will have to pay Rs. 99.14 a litre for petrol, and Rs. 90.71 a litre for diesel.

Also Read: Fuel Prices Hiked Nine Times This Month; Petrol Breaches ₹ 100 /Litre Mark In Several Cities​

Customers in Mumbai will have to pay Rs. 99.14 per litre and Rs. 90.71 per litre for petrol and diesel, respectively

Here are the petrol and diesel prices across five major metros on May 18, 2021:

In Kolkata, petrol is priced at Rs. 92.92 per litre, while diesel costs Rs. 86.35 per litre, while in Chennai petrol and diesel prices stand at Rs. 94.54 per litre and Rs. 88.34 per litre, respectively. On the other hand, in Bengaluru, petrol prices currently stand at Rs. 95.94 per litre, while diesel is retailed at Rs. 88.53 per litre.

Petrol has already surpassed Rs. 100 per litre mark in several parts of Rajasthan, Madhya Pradesh and Maharashtra. In Rajasthan's Sri Ganganagar, fuel prices touched a new high of Rs. 103.88 a litre and Rs. 96.30 a litre for petrol and diesel, respectively. Petrol rates are inching towards Rs. 100 per litre mark in the cities like Mumbai, Thane, Jaipur, Kolhapur and Nashik.

Other metropolitan cities have witnessed similar hikes in fuel rates

Also Read: Petrol Prices Surpass ₹ 100/Litre Mark For The Second Time This Year​

Fuel rates differ from state to state depending on the incidence of local taxes such as value-added tax (VAT). Changes in fuel prices are implemented at 6 am every day. The oil marketing companies like - Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum are revising domestic fuel prices on daily bases.