Petrol price on Tuesday crossed ₹85 per litre in Delhi, beating its own record for the fifth time in less than two weeks since January 7 even as India’s average crude oil import price softened a bit, according to official data.
Petrol and diesel have become costlier by 25 paise per litre each on Tuesday, raising their pump rates in Delhi to ₹85.20 per litre [all-time high] and ₹75.38 per litre, respectively. Diesel surged to a record ₹82.13 per litre in Mumbai, according to state-run Indian Oil Corporation (IOC). Petrol is sold at ₹91.80 per litre in Mumbai. Retail rates of the two auto fuels vary across the country because of differences in local levies.
According to IOC, the largest fuel retailer in the country, petrol and diesel rates have been revised upward by ₹1 per litre each after January 7 in four small doses of 25 paise each, on January 13, January 14, January 18 and January 19.