Fuel prices, that have been on a steady rise on since mid-August, have once again been revised. The prices have now reached an all-time high.

According to the latest hike, petrol will be sold at Rs 78.84 per litre and diesel at Rs 70.76 per litre in Delhi.

The prices have been increased by Rs 0.16 per litre for petrol and Rs 0.34 per litre for diesel in the national capital. This has been the steepest increase in diesel prices in 2018.

In Mumbai, petrol prices have shot up from Rs 86.09 per litre on Saturday, to Rs 86.25 per litre (increased by Rs 0.16 per litre), and diesel prices have increased by Rs 0.36 per litre from Rs 74.76 per litre to Rs 75.12 per litre.

The Opposition has launched an attack on the government as fuel prices touch a record high.

The Congress on Saturday sought to puncture Modi government's euphoria over the rise in GDP growth rate, saying people of the country equate it with "spiralling prices of gas, diesel and petrol".

Meanwhile, Union Minister for Petroleum and Natural Gas Dharmendra Pradhan on Friday blamed the "isolated" policies of the US for the "abnormally" rising fuel prices in the international markets.

"Due to the isolated policies of America, the value of currencies across the world has fallen in comparison to the US dollar. India's currency has also been affected and the price of fuel has increased abnormally," he told reporters.

(With inputs from PTI)

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