New Delhi: Petrol price increased by 33 paisa a litre in Delhi on Sunday, the highest since the daily price revision came into force in mid-June 2017, and diesel by 26 paisa, according to price notification issued by state-owned oil firms.
Rates vary from state to state depending on the incidence of local sales tax or VAT. Prices in Delhi are the cheapest in all metros and most state capitals.
With this increase, petrol has touched an all-time high, breaching the previous high of Rs 76.06 touched in Delhi on September 14, 2013. Diesel rates are also at the all-time high level. This is the seventh straight day of price increase since oil PSUs on May 14 resumed daily price revision after a 19-day pre-Karnataka poll hiatus.
In all, petrol price has been raised by Rs 1.61 a litre and diesel by 1.64 in last one week. In India, petrol is the costliest in Mumbai where high local taxes have led a price of Rs 84.07 per litre.