Fuel prices continue to rise, petrol sells at Rs 87.94 a litre in Mumbai

WION Web Team New Delhi, Delhi, India Oct 12, 2018, 07.00 AM(IST)

File photo Photograph:( ANI )

Fuel prices continued to soar on Friday, with petrol and diesel rates hiked by Rs 0.12 and 0.28 respectively in Delhi. Petrol in Delhi will be sold at Rs 82.48 per litre, diesel for the day will be at Rs 74.90 per litre.

In Mumbai, petrol and diesel prices were at Rs 87.94 per litre, an increase of Rs 0.12, and Rs 78.51 per litre, up by Rs 0.29, respectively.

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Fuel prices have been witnessing a steep rise since the past few months. While the Opposition has repeatedly 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.

On October 4, the union government had announced a cut of Rs 2.50 per litre on both petrol and diesel prices after curbing excise duty on the commodity by Rs 1.50 per litre. 

While making the announcement, Finance Minister Arun Jaitley had also recommended all state governments to slash rates by a further Rs 2.5 to make fuel cheaper by Rs 5.