New Delhi, June 19 -- Petrol and diesel prices today: Fuel prices stood stead on Friday, 19 June, despite fluctuation in brent crude price after US-Iran peace deal. The price of petrol and diesel was in line with the latest price revision that came about on 25 May. Last month, state-run oil marketing companies (OMCs) made retail adjustments to transfer some of the burden of volatile global oil prices to consumers. They implemented a cumulative increase of about Rs.7.50 per litre in petrol prices in the wake of severe under-recoveries.

The first hike of Rs.3 took place on 15 May, the first increase in over four years, which was followed by three more revisions in the subsequent 10 days. The disruption in energy supply chain due to blockad...