Petrol price breaches all-time high; tops Rs 84 Litre in Delhi

Petrol prices have breached all-time high levels in the new year as rising global oil prices pushed fuel marketing companies to raise the pump price of auto fuels for the second time this year on Thursday.

Accordingly, petrol prices in Delhi increased by 23 paise a litre on Thursday, the second successive day of fuel price rise, to Rs 84.20 a litre from Rs 83.97 on the previous day. This is the highest level of retail price of petrol in the national capital after October 4, 2018 when its price had risen to Rs 84 a litre.

In other metros, though the price of petrol has not yet breached the all-time high levels, it has reached very close to that level and may cross it this week if fuel price increases further in coming days.

In Mumbai, petrol price increased to Rs 90.83 a litre on Thursday just 51 paise short of all-time high level of Rs 91.34 reached on October 4, 2018. In Chennai, the petrol price currently is Rs 86.96 a litre, a shade lower than historic high level of Rs 87.33 a litre.

Read More: https://www.bhaskarlive.in/petrol-price-breaches-all-time-high-tops-rs-84-litre-in-delhi/