Petrol, diesel prices hiked today, rates at new high. Check what it costs in your city

An attendant removes a receipt from a pump at a Bharat Petroleum Corp. gas station (Bloomberg)Premium
An attendant removes a receipt from a pump at a Bharat Petroleum Corp. gas station (Bloomberg)
 1 min read . Updated: 04 Jun 2021, 08:12 AM IST Livemint

Fuel prices were hiked again on Friday after a two days pause, taking the rates to a fresh record high. Petrol price was increased by up to 27 paise per litre and diesel by 28 paise across metros, as per the Indian Oil Corporation (IOC) data.

In Delhi, a litre of petrol will cost ₹94.76 and a litre of diesel will cost ₹85.66. In Mumbai, the petrol price nears ₹101 mark as it rose to ₹100.98 per litre on Friday while the cost of diesel at ₹92.99 a litre.

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Petrol and diesel prices in Chennai stood at ₹96.23 & ₹90.38 per litre respectively. In Kolkata, prices remained at ₹94.76 for petrol & ₹88.51 a litre for diesel.

The price of petrol, which had already crossed the ₹100-mark in several cities in Rajasthan, Madhya Pradesh and Maharashtra, breached the psychological barrier in Mumbai on May 29.

Price of diesel and petrol differ from state to state depending on value-added tax.

In another news, Saudi Arabia increased oil prices for customers in its main market of Asia by more than expected after crude surged above $70 a barrel and OPEC forecast that global demand would heavily outstrip supply over the rest of the year, reported Bloomberg.

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