Data | Petrol price peaks in India owing to high taxes and crude oil prices
The Hindu
It breached the ₹100/litre mark in Mumbai on May 29
After staying steady in March and April, increased consistently in May. The price of petrol breached the Rs. 100/litre mark in Mumbai while prices in the three other cities were above Rs. 90/litre. A rise in international crude oil prices and high taxation have fueled the increase in pump prices. On average, Indians are now paying the highest prices for a litre of petrol compared to neighbouring countries. Petrol prices per litre in Mumbai (₹100.19), Chennai (₹95.51), Kolkata (₹93.97), and Delhi — (₹93.94) reached the highest mark in at least four years on Sunday.
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