Petrol price crosses ₹90 per litre in Mumbai; even higher elsewhere in Maharashtra

Petrol retail rates finally breached the ₹90 mark in Mumbai by touching ₹90.08 per litre on Monday, September 24 but stood much higher elsewhere in the state, industry officials said.

In the national capital, the prices of petrol and diesel are ₹82.72 per litre and ₹74.02 per litre respectively. Cost of the fuel in all the key cities are at their record levels. On Sunday, Kolkata again reached its all-time high price of petrol at ₹84.54/ litre and diesel at ₹75.87 as recorded on September 11.

According to Indian Oil Corporation petrol is retailing at ₹83.37/litre in Bengaluru, ₹82.14/litre in Lucknow, ₹87.70/litre in Hyderabad, ₹85.17/litre in Guwahati and 85.99/litre in Chennai. Diesel prices registered a surge in major metros across the country. In Bengaluru, diesel is priced at ₹74.40/litre, in Lucknow at ₹74.15/litre, in Hyderabad at ₹80.51/litre, in Guwahati at ₹77.40/litre and in Chennai at ₹78.26/litre.

Federation of Maharashtra Petroleum Dealers Association (FAMPEDA) President Uday Lodh said that the new rate became effective after a hike of 11 paise effected on Monday. Parbhani District Petrol Dealers Association (PDPDA) President Sanjay Deshmukh said the petrol rates soared to ₹91.91 in the districts.

The highest petrol prices logged in various cities included: Nanded ₹91.61, Amravati ₹91.31, Ratnagiri ₹91.14 and Jalgaon ₹91.01, said Lodh. Similarly, diesel prices also shot up by five paise per litre in Parbhani where it sold at ₹79.15, said Deshmukh.

However, Aurangabad notched the highest prices when diesel crossed the ₹80 mark and retailed on Monday at ₹80.53 per litre, followed by Amravati at ₹79.90 and Solapur at ₹79.25.

An official said that there was no fall in demand with the festival season currently on, and the upward trend was likely to continue for some time.