Petrol Prices Skyrocket Across Indian Cities
Fuel prices in India remain high, with petrol above ₹100 per litre in several cities. Delhi has the highest price at ₹102.12, while Mumbai follows closely at ₹111.21 per litre.
Diesel prices are also on the higher side, with Mumbai at ₹99.82 per litre and Delhi at ₹95.56. The Indian rupee's weakness against the US dollar contributes to these high fuel costs, as India relies heavily on imported crude oil.
The government imposes taxes on fuel sales, which vary by state, further affecting prices. This complex interplay of global, economic, and domestic factors determines the retail price of petrol and diesel.