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Fuel price rise continues unabated, rates rise sharply again

In Mumbai, where petrol price crossed Rs 100 per litre mark for the first time on May 29, the fuel price reached new high of Rs 104.90 per litre on Tuesday. Diesel price also increased in the city to reach Rs 96.72 a litre, the highest among metros

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This picture has been used for representational purpose

This picture has been used for representational purpose

Global cues pushed fuel prices to increase again across the country on Tuesday adding more misery for the common man already grappling with rising food prices amid shrinking income. The retail prices of petrol and diesel rose by a sharp 35 paise and 28 paise per litre on Tuesday to touch new high of Rs 98.81 and Rs 89.18 per litre respectively in Delhi.

With the rise, petrol price has reached very close to hitting the century mark all across the country extending the scope of historic high prices that had already made the fuel rate cross the Rs 100 per litre mark in certain cities and towns of Maharashtra, Madhya Pradesh, Rajasthan, Telangana and Andhra Pradesh. In the city of Mumbai, where petrol price crossed Rs 100 per litre mark for the first time on May 29, the fuel price reached new high of Rs 104.90 per litre on Tuesday. Diesel price also increased in the city to reach Rs 96.72 a litre, the highest among metros. Across the country as well petrol and diesel prices increased on Tuesday but its retail prices varied depending on the level of local taxes in different states.

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