Petrol prices hit a new record high on Thursday in the national capital with a hike of 35 paise a litre to ₹86.65. Diesel prices were also up 35 paise a litre, selling at ₹76.83 a litre in Delhi. Petrol and diesel touched a record high in Mumbai as well, at ₹93.20 a litre and ₹83.67 a litre, respectively. Oil prices have been on an upswing after the Organization of the Petroleum Exporting Countries (Opec)-plus meeting on February 3 decided to continue with output curbs. The Opec-plus decision is significant for India as production from the cartel makes up for about 40% of global output and 83% of India’s oil imports.