Petrol nears Rs 91/l mark in Delhi

Representational Photo

Petrol price on Tuesday neared the Rs 91 per litre mark in the national capital and diesel crossed Rs 81 a litre, as fuel prices were hiked again after a two-day pause.

 Petrol and diesel prices were raised by 35 paise per litre each, sending retail rates to an all-time high, according to a price notification of state-owned fuel retailers.

The increase pushed petrol price to Rs 90.93 a litre in Delhi and to Rs 97.34 in Mumbai.

Diesel – the most consumed fuel in the country – now comes for Rs 81.32 a litre in the national capital and for Rs 88.44 in Mumbai.

Fuel prices had risen for 12 straight days before hitting a two-day pause button on February 21 and 22.

The increase follows a spurt in oil prices in the international market, on which India is dependent to meet its 85 per cent of crude oil needs.

Brent oil crossed USD 66 a barrel on Tuesday as US output was slow to return after a deep freeze in Texas shut production last week.