MUMBAI/NEW DELHI: Petrol prices on Thursday morning crossed the 90-mark in certain cities of Maharastra including Hingoli, Parbhani, Jintur, Majalgaon, Ghansavangi and Paranda.
In Delhi and Mumbai, petrol price was hiked by Rs 0.6 per litre while diesel prices remained unchanged.
Liquid gold was being sold at Rs 89.60 per litre in Mumbai and Rs 82.22 per litre in Delhi.
Prices of non-branded petrol in metro-cities
Prices of non-branded diesel in metro-cities
Source: IOCL website
Delhi has the cheapest fuel rates among all metros and most state capitals because of lower taxes. Mumbai has the highest sales tax or value added tax (VAT).
A combination of a dip in rupee value against the US dollar and rise in crude oil prices has led to a spike in fuel prices since mid-August. Petrol price has since risen by Rs 5.02 per litre and diesel by Rs 5.15 -- the most in any one-month period since the daily revision in fuel prices was introduced in June last year.