Petrol crosses Rs 88-mark to hit record high in Delhi, diesel at Rs 78.38

Petrol prices breached the Rs 88-a-litre mark to touch an all-time high of Rs 88.14 in the national capital.
Petrol and diesel prices were hiked by 29 paise and 35 paise per litre each on Friday, according to a price notification from oil marketing companies. The diesel prices stood at Rs 78.38.
Fuel prices, which vary from state to state depending on local sales tax or VAT, are now at a record high in the country, prompting calls for a cut in excise duty to ease the burden on consumers. Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates.