Fuel prices rose for the 16th time in May, setting new records on Monday. State oil companies have raised rates of petrol and diesel by ₹3.83-4.42 per litre in May even as crude oil prices have largely traded between $67 and $69 per barrel.
Petrol costs ₹100.47 per litre in Mumbai and ₹94.23 in Delhi. Diesel is retailing for ₹92.45 in Mumbai and ₹85.15 in Delhi.
