Petrol nears Rs 91 in Mumbai

IANS  |  New Delhi 

Transport fuel prices continued on the daily record breaking upward movement on Sunday, with petrol inching closer to Rs 91 a litre mark in

In the country's financial capital, petrol costs Rs 90.84 per litre, up from Rs 90.75 on Saturday, data on the website showed.

Petrol prices in the other key cities of Delhi, and on Sunday were Rs 83.49, Rs 85.30 and Rs 86.80 per litre respectively -- all new levels -- higher than the respective previous high of Rs 83.40, Rs 85.21 and Rs 86.70 the previous day.

With petroleum still excluded from the GST regime, prices vary according to local taxes. has lower tax among the four major metros.

The increase in transport fuel rates comes amid surging prices. Currently, Brent is priced around $83 per barrel.

Sector experts also attribute the high domestic fuel prices to the high rate of excise duty across the country.

In tandem with petrol, cost of diesel also rose to hit new highs on Sunday.

Prices of the fuel in Delhi, Kolkata, and were Rs 74.79, Rs 76.64, Rs 79.40 and Rs 79.08 a litre respectively, up from the Saturday's Rs 74.69, Rs 76.48, Rs 79.23 and Rs 78.91 respectively.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, September 30 2018. 15:36 IST