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Crude, cracks and tax cocktail pushes India's fuel users to the brink

Petrol crosses Rs 87 mark in New Delhi, diesel at Rs 77.48

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Petrol price climbed to an all-time high of Rs 87.30 a litre in Delhi on Tuesday, while diesel sold at Rs 77.48 a litre in the National Capital.

Twesh Mishra New Delhi
A recovery in international prices is expected to keep petrol and diesel prices firm in the country. 

This, coupled with the recent inching up of crude oil price to beyond $60 a barrel, has locked domestic petrol and diesel rates at record levels.

Petrol price climbed to an all-time high of Rs 87.30 a litre in Delhi on Tuesday, while diesel sold at Rs 77.48 a litre in the National Capital. 

In Mumbai, petrol sold at Rs 93.83 a litre while diesel was at Rs 84.36. This is the highest rate at which auto fuels have ever been sold in Mumbai.

Brent crude traded