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. In Mumbai, petrol price soared to Rs 94.93 per litre and diesel price jumped to record Rs 85.70 a litre.
In five days this week, price has gone up by Rs 1.51 per litre for petrol while diesel rate has risen by Rs 1.56 a litre. The relentless hike in prices has been criticised by the opposition parties, including Congress that has demanded an immediate cut in taxes to ease the burden on the common man.