Fuel prices rise again, petrol now ₹83.40 per litre in Delhi, ₹90.75 in Mumbai

The prices of diesel and petrol have increased by more than ₹5 per litre since mid-August.

Oil marketing companies raised fuel prices yet again on Saturday. In New Delhi, petrol now costs ₹83.40 per litre (up by 22 paise) while diesel costs ₹74.63 per litre (up by 21 paise).

A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai. (Reuters File Photo)

In Mumbai, petrol is now at ₹90.75 per litre (up by 22 paise) and diesel costs ₹79.23 per litre (up by 22 paise).

The prices of diesel and petrol have increased by more than ₹5 per litre since mid-August.

The government says rising crude oil price is responsible for the soaring cost of petrol and diesel in the country. Global crude oil prices have breached the $81 a barrel mark, and there are no signs that prices will abate any soon.

Earlier this month, election-bound Rajasthan cut excise duty on petrol and diesel by ₹2 per litre. Karnataka also announced a similar decision while Bengal announced a one rupee cut in VAT and Andhra Pradesh VAT in fuel prices by ₹2 per litre.