Petrol, diesel prices hit all-time high for eighth day

Petrol and diesel prices in Delhi touched record-breaking high on Tuesday (today) as it rose to Rs 79.31 per litre and Rs 71.34 respectively. The fuel prices in the national capital and across the country recorded sharp rise for the eighth consecutive day owing to the sharp fall of the rupee and the sudden hike in crude oil rates in the international market.

#Delhi: Petrol price in the city, today, is Rs 79.31/litre and price of diesel is Rs 71.34/litre. Visuals from a petrol pump in the city. pic.twitter.com/WuKhRjzzGx

— ANI (@ANI) September 4, 2018

The petrol rates were hiked by 16 paise per litre, while the diesel rates witnessed the rise of 19 paise. Fuel prices in Delhi are the cheapest in comparison to other major cities due to lower sales tax.

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The latest hike in fuel price has breached the previous high of 79.15 per litre for petrol and Rs 71.15 on diesel on Monday (September 3)

Since August 16, fuel prices have witnessed a sharp rise by over Rs 2 per litre on both petrol and diesel.

Fuel prices may vary from state to state due to local levies.