Fuel prices touch record high in Delhi, Mumbai

Fuel prices touch record high in Delhi, Mumbai

Money Control

Fuel prices hiked. Petrol touches all-time high in Delhi (Representative Image)

Prices of petrol and diesel touched a record high of Rs 85.45 a litre and Rs 75.63 a litre, respectively, in Delhi on January 22.

Oil marketing companies raised the prices of both petrol and diesel by 25 paise on the day, with the prices hitting an all-time high. In Mumbai too, fuel rates increased to a new record high of Rs 92.04 a litre on petrol and Rs 82.40 a litre on diesel.

The hike in prices is mainly owing to a higher share of excise duty.

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