Diesel prices retailed at an all-time high on Friday. In Delhi, diesel clocked a record high of Rs. 65.31. In Kolkata, diesel rates were at Rs 68.01, in Mumbai at Rs. 69.54 and in Chennai at Rs. 68.9. Petrol prices were also recorded at a 55-month high. According to the official website of Indian Oil, petrol prices retailed at Rs. 74.08 per litre in Delhi, the highest since September 2013. Global oil prices have risen to their highest since late 2014 built on the ongoing cuts in global supply. Petrol prices have gone up by over 50 paise in major cities and diesel by over 90 paise since March 2018. Since the start of this year, in top cities, petrol prices have risen by over Rs. 4 per litre and diesel by Rs. 5-6 per litre.