Hyderabad: Fuel prices hit an all-time high in the first week of January. Till January 5, there was no hike in fuel prices in the city, however, the price escalated on January 6 to Rs 87.34 per litre from Rs 87.06 per litre.
The price further rose by Rs 0.25 paise on Thursday and the petrol price was hiked to Rs 87.59 per litre.
Sources said that diesel was being sold at Rs 80.88 per litre on Wednesday, but rose further by 0.29 paise on Thursday, raising the price to Rs 81.17 per litre.
Owners of fuel outlets said that due to the rise in global crude prices, the fuel prices are fluctuating, in turn resulting in the revision of petrol and diesel prices almost daily.