New Delhi, Aug. 9 -- Petrol and diesel prices today, 9 August: Retail fuel rates across major Indian cities remained largely unchanged today even as Brent notched a third straight weekly loss to settle above $83 a barrel. Fuel rates set by state-run Oil Marketing Companies (OMCs) continue to align with the last major price revision that came about over two months ago, on 25 May, insulating Indian consumers from market fluctuations and volatility in oil prices.

Brent crude, the global benchmark, which has been highly sensitive to developments around the terms and timing of a potential pact between US and Iran on the Strait of Hormuz waterway climbed 1.3% to settle at $83.55 a barrel on Friday. West Texas Intermediate crude fell 0.3% to $7...