A day after the hike, oil marketing companies (OMC) kept petrol and diesel prices unchanged on Thursday.
Accordingly, in the national capital, petrol price remains at Rs 96.66 per litre while diesel at Rs 87.41 per litre.
In Mumbai, the price of petrol was held unchanged at an all-time high of Rs 102.82 per litre. Diesel price also continues to be at Rs 94.84 a litre, the highest among metros.
In Chennai, petrol is priced at Rs 97.91 per litre while the price of diesel is Rs 92.04 per litre. The price of petrol in Kolkata is Rs 96.58 per litre while diesel is sold at Rs 90.25 per litre.
Petrol price was hiked by 25 paise per litre and diesel by 13 paise on Monday. The hike on Wednesday was the 25th increase in prices since May 4, when state-owned oil firms ended an 18-day hiatus in rate revision they observed during assembly elections in states like West Bengal. In 25 increases, petrol price has risen by Rs 6.26 per litre and diesel by Rs 6.68 a litre.
With global crude prices also rising on pick up in demand and depleting inventories of worlds largest fuel guzzler -- US, retail prices of fuel in India is expected to firm up further in coming days. The benchmark Brent crude is currently close to multi-year high level of $75 on ICE or Intercontinental Exchange.
(With inputs from Agencies)
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