Petrol, Diesel Prices Hiked Again; Petrol Inches Closer To Rs. 100/Litre Mark In Mumbai

The state-owned oil marketing companies (OMCs) on Sunday once again increased fuel rates across the country, taking petrol and diesel at new record highs. According to Indian Oil Corporation, petrol became costlier by up to 17 paise a litre, and diesel soared by up to 29 paise a litre. The two auto fuels remained constant on Saturday. This is the twelfth time this month when oil retailers have increased fuel prices across the country since May 4, 2021. In the national capital, petrol is now priced at Rs. 93.21 a litre and diesel retailed at Rs. 84.07 a litre.

Also Read: Fuel Prices Hiked After Remaining Unchanged For 2 Days; Petrol Crosses ₹ 93/Litre In Delhi

Petrol prices in several non-metro regions of Rajasthan, MP, & Maharashtra have crossed the Rs. 100 per litre mark

Here are the petrol and diesel prices across five major metros on May 23, 2021:

Customers in Mumbai will have to pay Rs. 99.49 a litre for petrol, and Rs. 91.30 a litre for diesel. In Kolkata, petrol is priced at Rs. 93.27 per litre, while diesel costs Rs. 86.91 per litre. The prices of the two fuels in Chennai now stand at Rs. 94.86 per litre and Rs. 88.87 per litre. Petrol and diesel prices in Bengaluru have reached Rs. 96.31 per litre and Rs. 89.12 per litre, respectively.

Petrol rates in several non-metro regions in Rajasthan, Madhya Pradesh, and Maharashtra have already breached the Rs. 100 per litre mark. Rajasthan's Sri Ganganagar currently leads this chart with petrol rate standing at Rs. 104.18 per lire, while diesel rates in the region stand at Rs. 96.91 per litre. Other regions where petrol prices are above Rs. 100 per litre include Jaisalmer, Banswara, Anuppur, Indore, Bhopal, Gwalior, Rewa, Ratnagiri, Aurangabad, and Parbhani. Other cities where petrol rates are inching towards Rs. 100 per litre mark includes Thane, Jaipur, Kolhapur and Nashik.

Fuel rates have been hiked for the twelfth time this month across the country.

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

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