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Fuel prices hiked; petrol, diesel prices touch new highs – Deccan Herald

In Bengaluru, petrol now costs Rs 90.53 per litre after a 70 paise hike

Representative Image. Credit: PTI File Photo.

Fuel prices reached a record high on Wednesday after the petrol price was hiked by up to 70 paise and diesel by up to 27 paise. 

In Delhi, petrol now costs Rs 87.60 per litre, while diesel is Rs 77.73 per litre. In Mumbai, the petrol price is nearing Rs 95 per litre mark. After today’s spike, petrol in Mumbai costs Rs 94.12 per litre, while diesel price now stands at Rs 84.63 per litre.

Also read — Explainer | Why are petrol, diesel prices rising?

In Bengaluru, petrol now costs Rs 90.53 per litre after a 70 paise hike, diesel price stands at Rs 82.40 per litre. 

Also read — Oil price: Pundits’ forecasts as good as astrologers’ predictions 

On Monday, Brent crude oil prices for April delivery reached $60 a barrel, the highest in a year supported by economic revival hopes and supply curbs by producer group OPEC and its allies. Rising crude prices are expected to impact petrol and diesel rates in India, which have now hit a new record high.

More to follow…

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