Oil marketing companies (OMC) kept fuel prices unchanged for the eighth consecutive day across the four metros on Sunday.
In the national capital, petrol was sold for Rs 91.17 per litre on Sunday.Similarly, in Mumbai, Chennai and Kolkata, the fuel was priced at Rs 97.57, Rs 93.11 and Rs 91.35 per litre, respectively, all unchanged from the previous levels. The surge in the retail prices comes despite a surge in crude oil prices. Brent crude futures are currently over $69 per barrel. After a spike in global oil prices seen over the last two weeks with crude price jumping close to $67 a barrel, prices had fallen to around $63 a barrel but it rose again to cross $69 a barrel mark now after the OPEC+ decision to continue with crude production cut in April. In tandem with petrol prices, diesel prices too were unchanged in Delhi, Mumbai, Chennai and Kolkata at Rs 81.47, Rs 88.60, Rs 86.45 and Rs 84.35 per litre, respectively. Petrol and diesel prices have been rising continuously since February 9.