For the first time, petrol crosses ₹90 per litre mark in Chandigarh

Before 2021, the highest that the petrol price had gone was ₹81 per litre. When May began, petrol was priced ₹87 per litre

For the first time ever, the price of petrol in Chandigarh crossed the ₹90 per litre mark, settling at ₹90.11 on Thursday.

At 84.27 per litre, diesel also reached the highest-ever price as prices were hiked for the 14th time since the beginning of May. (Ravi Kumar/HT)

At 84.27 per litre, diesel also reached the highest-ever price as prices were hiked for the 14th time since the beginning of May after remaining constant in March and April.

Before 2021, the highest that the petrol price had gone was ₹81 per litre. When May began, petrol was priced ₹87 per litre.

Fuel rates also spiked in neighbouring Mohali and Panchkula.

Prices are highest in Mohali, at ₹95.86 for petrol and ₹87.52 for diesel. In Panchkula, these are higher than Chandigarh, at ₹91.33 per litre for petrol and ₹85 per litre for diesel.

The price hike is hitting the petrol pump dealers hard. Proprietor of Kapoor Service Station in Sector 21, Colonel HS Kapoor (retd) said the commission earned by petrol pump dealers was still the same, while the rising price was going to the government as tax.

“Worse, due to the lockdown, our sales this month are unlikely to reach even 50% of what we made in February,” he complained.