Petrol and diesel prices were hiked by 25 paise per litre each, according to a price notification from oil marketing companies

Fuel prices have been on an upswing in other metro cities as well. The price of one litre of petrol in Mumbai, Kolkata, and Hyderabad has surged to Rs 92.04/litre, Rs 86.87/litre, and Rs 88.89/litre, respectively

A Crisil research report says higher excise duty, which rose by Rs 13 to Rs 32.98 per litre in 2020, and with value added tax, the government is expected to earn incremental revenue of Rs 1.4 lakh crore during the current fiscal

Crude oil has been on an upswing because of Saudi Arabia's additional supply cuts and growing optimism around the launches of the various vaccines against COVID-19

Since January 6, petrol and diesel prices have increased Rs 1.49 and Rs 1.51, respectively, in Delhi

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In Mumbai, petrol prices increased by 25 paise, taking Thursday's rate to Rs 91.32 a litre in the city. The highest level for petrol in Mumbai was on October 4, 2018, when it was Rs 91.34

Fuel rates today: Petrol and diesel prices were hiked by 25 paise each by the state-owned oil manufacturing companies (OMCs) after a five day hiatus

Crude oil prices also rise to highest levels since February 2020 as Saudi Arabia announces a big voluntary production cut and on a steep fall in US crude inventories

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The petrol in Mumbai stands at Rs 90.34 per litre and in diesel is Rs 80.51 per litre. This is the 15th increase in rates since November 20 when oil companies resumed daily price revision after nearly a two-month hiatus

Petrol in Delhi is just 60 paise short of breaching all-time high price of Rs 84 per litre, which was recorded in October 2018. Analysts say if current trend of rising crude oil prices continue, Delhi could breach this mark next week

Petrol price was on Friday hiked by 20 paise per litre and diesel by 23 paise in line with the firming international oil rates

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In the past 12 days, fuel prices have increased nine times. In 12 days, the petrol price has gone up by Rs 1.28 per litre and diesel rate has risen by Rs 1.96

Oil marketing companies (OMCs) had kept the petrol rates constant starting  September 22, and did the same for diesel prices since October 2. The revisions for the retail rates of both diesel and petrol started on November 20.