shot-button
Ganesh Chaturthi Ganesh Chaturthi
Home > News > India News > Article > Petrol nears Rs 91 in Mumbai

Petrol nears Rs 91 in Mumbai

Updated on: 30 September,2018 04:43 PM IST  |  New Delhi
IANS |

In the country's financial capital, petrol costs Rs 90.84 per litre, up from Rs 90.75 on Saturday, data on the Indian Oil Corp website showed

Petrol nears Rs 91 in Mumbai

Representational Image

Transport fuel prices continued on the daily record-breaking upward movement on Sunday, with petrol inching closer to Rs 91 a litre mark in Mumbai.


In the country's financial capital, petrol costs Rs 90.84 per litre, up from Rs 90.75 on Saturday, data on the Indian Oil Corp website showed.


Petrol prices in the other key cities of Delhi, Kolkata and Chennai on Sunday were Rs 83.49, Rs 85.30 and Rs 86.80 per litre respectively -- all new levels -- higher than the respective previous high of Rs 83.40, Rs 85.21 and Rs 86.70 the previous day.


With petroleum still excluded from the GST regime, prices vary according to local taxes. Delhi has lower tax among the four major metros.

The increase in transport fuel rates 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 Sunday.

Prices of the fuel in Delhi, Kolkata, Mumbai and Chennai were Rs 74.79, Rs 76.64, Rs 79.40 and Rs 79.08 a litre respectively, up from the Saturday's Rs 74.69, Rs 76.48, Rs 79.23 and Rs 78.91 respectively.

Catch up on all the latest Crime, National, International and Hatke news here. Also, download the new mid-day Android and iOS apps to get latest updates

This story has been sourced from a third party syndicated feed, agencies. Except for the change in the headline, the story has been provided "AS-IS," "AS AVAILABLE, without any verification or editing from our side. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK