Petrol Prices Jump to Rs 84.99 in Mumbai, Diesel Soars to Rs 68.34 in Delhi: Check City-Wise Fuel Rates After 10th Consecutive Hike
The fresh hike comes despite crude oil prices slumping by nearly $9 over the past fortnight | File Image | (Photo Credits: PTI)

New Delhi/Mumbai, May 23: Fuel rates were hiked for a 10th consecutive day in a row on Wednesday, taking the costs of petrol and diesel to a record-high. The worst brunt of the hike will be felt in Mumbai, where one litre of petrol will cost Rs 84.99. In Delhi, the motorists using diesel cars will have to shell-out Rs 68.08 per litre.

The latest hike comes despite the brent crude oil falling by 50 cents to $78.84. The domestic fuel prices rose to an unprecedented level after the international crude oil rocketed to $84.40 on May 14.

Although the crude oil has devalued significantly over the past eight days, oil corporations in India have continued to increment the prices. Analysts claim this is the result of the status quo maintained by the state-owned oil companies for nearly 15 days ahead of the Karnataka assembly elections. Since the rates were not altered during the period, a loss of nearly Rs 500 crore is reported to be borne by the oil PSUs.

Check City-Wise Petrol Rates For May 23:

Petrol in Delhi will cost Rs 77.17 - 40 paise more than Tuesday. In Chennai, the price has surged to Rs 80.11 - 32 paise more than yesterday. Kolkata braces for 30 paise hike vis-a-vis Tuesday, as the price has jumped to Rs 79.83. In Mumbai, where petrol remains the costliest across the nation, the cost per litre has been increased from Rs 84.70 to Rs 84.99.

For petrol rates of other cities (state capitals and UTs), search the table below:

State Capitals Prices

Agartala 72.88
Aizwal 73.00
Ambala 77.28
Bangalore 78.43
Bhopal 82.78
Bhubhaneswar 75.98
Chandigarh 74.22
Dehradun 78.35
Gandhinagar 76.47
Gangtok 80.20
Guwahati 79.34
Hyderabad 81.75
Imphal 75.24
Itanagar 73.02
Jaipur 79.93
Jammu 78.88
Jullunder 82.40
Kohima 75.61
Lucknow 77.83
Panjim 71.11
Patna 82.65
Pondicherry 75.95
Port Blair 66.51
Raipur 77.56
Ranchi 76.99
Shillong 76.54
Shimla 77.33
Srinagar 81.57
Trivandrum 81.31
Silvasa 75.06
Daman 74.99

Check City-Wise Petrol Rates For May 23:

Diesel remains the costliest in Hyderabad, where per litre of the fuel will cost Rs 74.28 today. In Delhi, the price went up from Rs 68.08 to Rs 68.34. Mumbai faces a 26 paise hike in Diesel rates, whereas, Kolkata will have to shell out Rs 70.89 per litre. The revised rate of the fuel in Chennai is Rs 72.14.

For petrol rates of other cities (state capitals and UTs), search the table below:

State Capitals Prices

Agartala 66.43
Aizwal 65.62
Ambala 68.85
Bangalore 69.51
Bhopal 71.93
Bhubhaneswar 73.26
Chandigarh 66.36
Dehradun 68.67
Gandhinagar 73.45
Gangtok 70.05
Guwahati 71.34
Hyderabad 74.28
Imphal 66.40
Itanagar 65.60
Jaipur 72.78
Jammu 69.50
Jullunder 68.25
Kohima 66.69
Lucknow 68.50
Panjim 69.55
Patna 73.03
Pondicherry 70.60
Port Blair 64.05
Raipur 73.78
Ranchi 72.15
Shillong 68.14
Shimla 67.97
Srinagar 71.72
Trivandrum 74.16
Silvasa 69.16
Daman 69.09

The price of petrol and diesel, over the past 10 days, has been increased by nearly Rs 2.5 per litre. The hike is likely to cause a ripple effect, leading to inflation as transport costs of commodities is likely to go up. In wake of the flak generated, the government has indicated that it would take interventionary measures at the earliest.