New Delhi, May 1 -- The government on Friday said retail fuel prices will remain unchanged and supply of petrol, diesel and domestic LPG continues to be stable, even as it takes multiple steps to manage disruptions arising from the evolving situation in West Asia.

"Retail pump prices of Petrol, Diesel and domestic LPG (14.2 kg cylinders meant for regular household use) have been kept unchanged," the Ministry of Petroleum and Natural Gas said in a release, while noting that oil marketing companies (OMCs) have undertaken "a calibrated price revision... for a small set of products catering primarily to commercial, industrial and premium segments."

The ministry again emphasised that there is no need for panic buying, urging citizens to "avo...