Mumbai: Mumbai has become the first metro city that is selling petrol at over Rs 100 per litre to consumers. Maintaining the price rise momentum, oil companies raised the price of petrol and diesel again on Saturday by 25-30 paise per litre. With this, petrol prices rose 25 paise per litre in Mumbai taking up retail price there from Rs 99.94 per litre a day earlier to Rs 100.19 per litre on Saturday.
Diesel prices in the city is also the highest among metro cities at Rs 92.17 per litre, increasing by 30 paise from previous level on Saturday.
At over Rs 100 a litre, petrol price in Mumbai is at the historic high level. Never before the fuel price has come even closer to reaching this mark.
But Mumbai does not have unique distinction of breaching the Rs 100 pet litre mark. Thane already reached the mark few days back while few other cities in Rajasthan (including Jaipur) Madhya Pradesh and Maharashtra, having the highest VAT levels on auto fuels in the country, have already been selling normal petrol for over Rs 100 a litre for past several days.
Premium petrol prices has already crossed the Rs 100 per litre mark in the city and other parts of the country through increase in the retail rates in the month of January and February.
