Petrol, Diesel Prices At All-Time Highs, Hiked For Fifth Day In A Row

Petrol, Diesel Prices Today: In Delhi, the price of petrol was hiked by 30 paise from ₹ 88.14 to ₹ 88.44, and diesel was increased by 35 paise from ₹ 77.38 to ₹ 78.74 per litre.

Petrol, Diesel Prices Today: Petrol and diesel prices touched all-time highs across the four metros on Saturday, February 13, after oil marketing companies increased the rates by almost 30-35 paise for the fifth straight day. In Delhi, the price of petrol was hiked by 30 paise from ₹ 88.14 to ₹ 88.44, and diesel was increased by 35 paise from ₹ 77.38 per litre to ₹ 78.74 per litre, according to Indian Oil Corporation, the country's largest fuel retailer. Meanwhile, in Mumbai, the revised petrol and diesel rates stood at ₹ 94.93 per litre and ₹ 85.70 per litre respectively. Currently, the fuel rates are the highest in Mumbai out of all the four metros.

Here are the current prices of petrol and diesel (in rupees per litre):

City	Petrol	Diesel
Delhi	88.44	78.74
Mumbai	94.93	85.70
Chennai	90.70	83.86
Kolkata	89.73	82.33
Source: Indian Oil

Petrol and diesel prices have recorded an upswing since January 6, 2021, after staying unchanged for almost a month. The fuel prices have increased amid a rally in global crude oil prices, with COVID-19 vaccination drives continuing across the world. 

Oil marketing companies  - Bharat Petroleum, Indian Oil Corporation, as well as Hindustan Petroleum align the rates of domestic fuel with the global benchmarks, by taking into account any alterations in the foreign exchange rates. Any changes in fuel prices are implemented with effect from 6 am every day.

Meanwhile, on Friday, February 12, the rupee gained 12 paise higher to settle at 72.75 against the dollar. Brent crude futures, the global oil benchmark, fell 0.64 per cent to $ 60.75 per barrel.