Petrol price at all-time high of Rs 97/litre in Mumbai; diesel crosses Rs 88-mark

Petrol price on Saturday touched an all-time high of Rs 97 per litre in Mumbai while diesel rate crossed Rs 88 -mark.

Petrol price was hiked by record 39 paise per litre and diesel by 37 paise a litre, according to a price notification of state-owned fuel retailers.

This the 12th straight day of price hike and the largest daily increase since oil companies started to revise rates on a daily basis in 2017. The increase pushed the petrol price to Rs 90.58 a litre in Delhi and to Rs 97 in Mumbai.