Diesel price crosses ₹100-mark in Mumbai, 4 months after petrol jumped over ₹100

Diesel price on Saturday crossed the ₹100-mark in Mumbai at ₹100

Diesel price on Saturday crossed the ₹100-mark in Mumbai at ₹100.29, up from ₹99.92 on Friday. The price of petrol is also inching towards ₹110 per litre with its current price at ₹109.83. In Mumbai, petrol crossed the ₹100 mark on May 29, 2021.

The highest price of petrol is at Parbhani in Maharashtra at ₹112.39 per litre (HT Photo)

The prices of petrol and diesel in Thane and Navi Mumbai are ₹109.97 and ₹100.42 per litre, respectively.

The highest price of petrol is at Parbhani in Maharashtra at ₹112.39 per litre. Diesel is the costliest in Amravati at ₹101.83 a litre. According to oil marketing companies, the hike in the price of fuel is related to a rise in global crude prices.

Prices of petrol and diesel, along with LPG cylinders used for cooking in homes, have substantially increased in the last 18 months ever since the first lockdown in the country was announced in March 2020. Earlier this week, Mahanagar Gas also hiked the retail price of compressed natural gas (CNG) and piped natural gas (PNG) by ₹2 each.

On the other hand, transporters are planning an emergency meeting to discuss the hike of diesel price on Monday. This comes as the majority of the transportation takes place using diesel vehicles. The increase in fuel prices directly increases goods transportation charges resulting in price rise across several sectors.