Petrol price on Sunday was increased by 24 paise per litre and diesel by 27 paise, pushing rates across the country to record highs and that of petrol in Mumbai to near Rs 99 a litre.
This is the ninth increase in prices since May 4 when the state-owned oil firms ended an 18-week hiatus in rate revision they observed during the Assembly elections in states like West Bengal. In nine hikes, petrol price has risen by Rs 2.19 per litre and diesel by Rs 2.49.