Petrol nears Rs 95 in Mumbai as rate hiked for fifth day in a row

Petrol price in Mumbai neared record Rs 95 per litre mark on Saturday as its rate as well as diesel prices were hiked for the fifth day in a row.

Petrol price was increased by 30 paise per litre and diesel by 36 paise a litre, according to a price notification of state-owned fuel retailers.

This took petrol price to an all-time high of Rs 88.414 a litre in Delhi while diesel rate climbed to Rs 78.74.