After reaching a historic high, the diesel prices decreased by 15 to 17 paise on July 12. However, the price of petrol was hiked again by 25 to 34 paise on the day, taking the prices across the country to another high, according to a price notification by state-owned fuel retailers.
The decline in diesel prices has come after more than two months. With the first decrease in months, the diesel retailed at Rs 97.33 per litre in Mumbai, down by 17 paise from the previous day price of Rs 97.5 per litre.
Petrol price, which has already crossed Rs 100 in more than half of the country, rose to Rs 107.24 a litre in Mumbai with an increase of 27 paise from the previous day price of Rs 106.97. The city, on May 29, became the first metro in the country where petrol was being sold at over the Rs 100-a-litre mark.
In Delhi, the petrol price crossed Rs 101 mark with an increase of 28 paise, while the diesel price decreased by 16 paise. With the latest revision of prices, petrol retailed at Rs 101.23 per litre and diesel at 89.76 per litre in the national capital on the day.
Kolkata and Chennai also saw a similar trend as the petrol prices increased in the two metros, while the rate of diesel saw a decline on the day.
