New Delhi: Prices of petrol and diesel remained unchanged for the fourth consecutive day across the metro cities of India. 

The petrol was priced at Rs 86.30 per litre in New Delhi. In Mumbai, Chennai and Kolkata, petrol was sold for Rs 92.86, Rs 88.82 and Rs 87.69 per litre. On the other hand, Diesel prices in Delhi, Mumbai, Chennai and Kolkata remained unchanged at Rs 76.48, Rs 83.30, Rs 81.71 and Rs 80.08 per litre, respectively.

Petrol and diesel prices have recorded an upswing since January 6, 2021, after remaining unchanged for almost a month. Fuel rates have increased amid a rally in global crude oil prices, with corona vaccination drives beginning across the world. The petrol and diesel prices have increased 10 times in January with both auto fuels increasing by Rs 2.59 and Rs 2.61 per litre respectively during the month.The current price rise is largely on account of a steep increase in central taxes of petrol and diesel and firm crude prices. Oil marketing companies like Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum align the prices of domestic fuel with the global benchmarks, by taking into account any alterations in the foreign exchange rates. Any changes in fuel prices are implemented with effect from 6 am every day. 

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