4 per litre and diesel by Rs.2 per litre, which was widely criticised by opposition parties and customers.

The prices of kerosene and cooking gas were left untouched.

Since then, global crude prices have shot up further and are ruling at a 10-month high of nearly $75 per barrel, putting pressure on transport fuel retailers in the country.

But Petroleum Secretary R.S. Pandey told the convention, hosted by IOC and the Society of Indian Automobile Manufacturers (SIAM), that there was no proposal to increase fuel prices.

'We are not comfortable with the current global prices. But there is no proposal to increase fuel prices,' he said.