(MENAFN - Kashmir Observer) New Delhi- Petrol price on Friday crossed the Rs 90-per-litre mark in the national capital, and diesel soared to Rs 80.60 after rates were increased for the 11th consecutive day in a row.
Petrol price on Friday was hiked by 31 paise per litre and diesel by 33 paise, according to a price notification of state-owned fuel retailers.
This pushed the petrol price to Rs 90.19 a litre in Delhi and to Rs 96.62 in Mumbai.
Diesel now comes for Rs 80.60 a litre in the national capital and for Rs 87.62 in Mumbai.
The increase follows a spurt in prices of oil in the international market, on which India is 85 per cent dependent to meet its needs. Brent oil crossed USD 65 a barrel on Thursday as a worsening US energy crisis took out almost 40 per cent of the nation s crude production.