New Delhi, June 13 -- Petrol and diesel prices today: Fuel prices were steady today on Saturday, 13 June, following the last price hikes on Monday, 25 May, when oil marketing companies (OMCs) increased the cost of both petrol and diesel by more than Rs.2.50 per litre. Notably, the cumulative price hikes since 15 May have increased fuel costs of close to Rs.7.5 per litre.

Notably, the price of petrol and diesel in India are at their highest levels since May 2022 after remaining largely frozen for more than two years, barring a Rs.2-per-litre cut in March 2024.

The price increase was the fourth in less than two weeks prompted by delayed pass-through due to the war in West Asia even as demand for global crude oil remains high. Close to one...