Fuel prices witness fresh hike: Petrol crosses Rs 90-mark in Mumbai

The petrol prices crossed the Rs 90-mark in Mumbai on Monday. The revised rates of petrol and diesel in the financial capital stood at Rs 90.08/litre and Rs 78.58/litre respectively.

Petrol price in Mumbai rose by 11 paise per litre while diesel price rose by 5 paise per litre.

In Delhi, the petrol price touched Rs 82.72 per litre. Diesel price in the national capital stood at Rs 74.02 per litre, according to the Indian Oil Corporation (IOC).

Petrol price in Kolkata increased by 10 paise per litre from Rs 84.44 per litre on September 23 to Rs 84.54 per litre.

Diesel price in the West Bengal capital rose by 5 paise per litre, from Rs 75.82 per litre to Rs 75.87 per litre.

In Chennai, petrol price rose by 12 paise, from Rs 85.87 per litre to Rs 85.99 per litre while diesel price in the Tamil Nadu capital increased by 6 paise per litre, from Rs 78.20 per litre to Rs 78.26 per litre.

Fuel prices have been witnessing a steep rise since the past few weeks.

While the Opposition has blamed the union government for not doing enough to keep a check on prices, the latter has maintained that global crude oil prices and other international factors are causing a hike in prices of petroleum products.

Meanwhile, Department of Economic Affairs Secretary Subhash Chandra Garg on Friday said that discussions are taking place with the United States regarding the reduction of oil imports from Iran.

"We are in talks with the USA and they told us to reduce the import from Iran significantly. We have done that to some extent. As clarity in the situation emerges, steps will be taken accordingly by the government by November 4," he told ANI.

Garg also said that if needed, discussions will be held on trading of oil in terms of the Indian Rupee.

(With inputs from ANI)