Petrol, diesel prices hiked sharply for 2nd straight day. Check latest rates !

 uel prices have hit a fresh all-time high after state-run oil companies hiked rates for the second straight day. Check petrol and diesel prices in major cities.

Fuel prices were hiked sharply on Wednesday as international crude oil prices continue to rise after the recent announcement by OPEC+. Petrol and diesel rates across the country have been hiked for the second straight day by 30 paise and 35 paise respectively.

Petrol price increased by 30 paise to Rs 102.94 per litre in Delhi and Rs 108.96 per litre in Mumbai after the fresh hike. It went up to Rs 103.65 per litre in Kolkata and Rs 100.49 per litre in Chennai.

There are multiple new cities where petrol price crossed Rs 100 per litre after the fresh hike including Noida in Uttar Pradesh. There are at least 14 major cities where petrol price has crossed the three-figure mark. The highest retail price of petrol is Rs 114.20 in Rajasthan’s Sri Ganganagar.

Diesel rates across the country have also jumped sharply over the past few days. It costs Rs 91.42 per litre in the national capital and over Rs 99 per litre in Mumbai after today’s hike. It is retailing at Rs 94.53 per litre in Kolkata and Rs 95.93 per litre in Chennai. There are some major cities where it has crossed Rs 100 per litre.

Soaring fuel prices during the festive season could disrupt consumer demand as companies will be forced to hike prices of essential and non-essential goods across several categories.

While the Centre and state governments have been against reducing taxes levied on petrol and diesel, the rapid increase in crude oil prices may leave them with no choice as the entire economy will be impacted by inflation.

Petrol and diesel prices in major Indian cities

CITY	PETROL (PER LITRE)	DIESEL (PER LITRE)
NEW DELHI	Rs. 102.94	Rs. 91.42
MUMBAI	Rs. 108.96	Rs.99.17
KOLKATA	Rs. 103.65	Rs. 94.53
CHENNAI	Rs. 100.49	Rs.95.93
BENGALURU	Rs. 106.52	Rs.97.03
PATNA	Rs. 105.92	Rs.97.88