Petrol prices in India are reaching peaks despite the international oil prices going down. State-run companies increased fuel prices for the 26th time in 46 days raising petrol rates by 27 paise per litre and diesel by 28 paise on Friday.
The hike in petrol prices since May 4 saw the auto fuel making records by breaching the ₹100 per litre mark in various cities across the country. States like Maharashtra, Rajasthan, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana and Ladakh saw several cities surpassing the ₹100-mark.
The recent rise in petrol prices has made it costlier by ₹6.53 per litre and diesel by ₹6.96 per litre across the nation.