New Delhi, Sep 15: Fuel prices in the country hit a new benchmark on Saturday with the price of petrol in Mumbai touching Rs 89 per litre, for the first time ever.
It was priced at Rs 89.01 in the financial capital of the country, up from Rs 88.67 per litre on Friday, data on the Indian Oil Corp's website showed.
In the other key cities of Delhi and Chennai too, petrol prices climbed fresh highs of Rs 81.63 and Rs 84.85, against the previous levels of Rs 81.28 and Rs 84.49 per litre respectively.
Cost of the key fuel in the eastern city of Kolkata rose to Rs 83.49, from the Friday's level of Rs 83.14 per litre. The all time high in the city is Rs 83.75, recorded on Tuesday, September 11.
The recent surge in transportation fuel prices is largely attributed to high crude oil prices and a falling rupee. A weak rupee against the dollar makes the import of crude oil expensive.
The price of Brent crude oil is currently over $78 per barrel.
Cost of the other transportation fuel, diesel also increased on Saturday. In Delhi, Mumbai and Chennai touching fresh record levels of Rs 73.54, Rs 78.07 and Rs 77.74 per litre, against the previous levels of Rs 73.30, Rs 77.82 and Rs 77.49 per litre.
In Kolkata, it is 43 paise short of the record high price of Rs 75.82, hit on Tuesday. Diesel, in the West Bengal capital was priced at Rs 75.39 on Saturday, up from previous level of Rs 75.15 per litre.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Mumbai (PTI): The upcoming edition of the Indian Premier League will be held between the March 26 to May 31 window but it remains to be seen if Bengaluru, the home of RCB, holds the opening match.
As per the norms, the M. Chinnaswamy Stadium should host the tournament opener given the home side, Royal Challengers Bengaluru won the IPL 2025 title.
While the venue has received conditional clearance from the Karnataka state government, it also needs to meet the necessary safety and security standards following the death of 11 fans in a stampede during RCB's victory celebrations in June this year.
The mini-auction for IPL 2026 will be held in Abu Dhabi today with three-time winners Kolkata Knight Riders coming in with the biggest purse.
