New Delhi: The prices of petroleum product in major cities saw hike again on Saturday with petrol being sold at Rs 82.44 per litre while diesel was at Rs 73.87 per litre in the national capital Delhi. In the financial capital of India, Mumbaikars are buying petrol and diesel is at Rs.89.80 per litre and Rs.78.42 per litre respectively, as per the data available on the Indian Oil Corp's website.

While the prices of petrol and diesel in Kolkata is Rs 84.27 per litre and Rs 75.72 per litre respectively.In Chennai petrol is being put on the market at Rs 85.69 per litre and diesel at Rs 78.10 per litre.

Petrol prices in Mumbai is going to close to the psychological Rs 90 a litre-mark and was sold at Rs 89.69 on Friday, even as the fuel prices climbed to fresh ups across the four metros, while diesel rates were remained unchanged for the third consecutive day.

The cost of transportation fuel has been on the mount since August 1, mainly because of high crude oil prices and a declining rupee. Depreciation in the Indian rupee against the US dollar makes the import of crude oil pricey as transaction is done in dollars.

Inflationary risks along with mostly negative worldwide cues disheartened the Indian rupee to a new low down of 72.91 against the US dollar on Tuesday.