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The sharp rise in fuel prices has occurred due to the climbing international benchmark Brent Crude, which is used to price over three-quarters of the world’s traded oil.
Petrol and diesel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges.
In May, Bhopal became the first state capital to surpass the Rs 100 mark in gasoline costs. Jaipur, Mumbai, Hyderabad, and Bengaluru were the next cities on the list. Last week, petrol retailed for more than a hundred rupees in Patna and Thiruvananthapuram.
State-run fuel retailer Indian Oil Corporation (IOC) data showed that petrol and diesel prices have been hiked by 23 paise, respectively.