Petrol, Diesel Prices Hiked Again.

State owned oil marketing companies (OMCs) have again increased the price of sensitive petroleum products like petrol and diesel in the country on Sunday.

The prices of petrol and diesel touched a new high on Sunday with Mumbai paying the maximum among the four metros. While petrol costs ₹ 87.89 a litre, diesel is priced at ₹ 77.09 a litre, according to the daily price notification issued by OMCs.

In Delhi, the petrol price has been risen to a record ₹80.50 a litre, while diesel price has been increased to ₹ 72.61 a litre, which is also at a record high, but lowest among the four metros.

The price build-up of petrol in Delhi as on Monday includes excise duty of ₹ 19.48, dealer commission of ₹ 3.63, and VAT of ₹ 16.83 (including VAT on dealer commission).

Similarly, the price build-up of diesel in Delhi as of Monday includes excise duty of ₹ 15.33, dealer commission of ₹ 2.51, and VAT of ₹ 10.46 (including VAT on dealer commission).