Petrol, diesel prices reach record high

New Delhi, May 14

Petrol and diesel prices on Friday touched record high levels across the country after rates were increased for the fourth time this week.

Petrol price was hiked by 29 paise per litre and diesel by 34 paise a litre, according to a price notification by state-owned fuel retailers.

The increase propelled rates in Delhi to climb to an all-time high of Rs 92.34 a litre for petrol and Rs 82.95 per litre for diesel.

Rates had already crossed the Rs 100-mark in several cities in Rajasthan, Madhya Pradesh and Maharashtra and with the latest increase, prices in Mumbai too were inching towards that level.

A litre of petrol in Mumbai now comes for Rs 98.65 and diesel is priced at Rs 90.11 per litre. This was the fourth increase in prices this week and eighth hike since May 4, when the state-owned oil firms ended an 18-hiatus in rate revision they observed during assembly elections in states like West Bengal.

Sri Ganganagar district of Rajasthan had the costliest petrol and diesel in the country at Rs 103.27 per litre and Rs 95.70 a litre, respectively.

In eight increases, petrol price has risen by Rs 1.95 per litre and diesel by Rs 2.22. — PTI