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Oil marketing companies push for Rs. 5 petrol price hike 2012-03-07 04:05:29
“We are losing Rs 5.10 per litre on petrol currently,” a senior oil company official said. With the conclusion of elections in five states, India’s three oil marketing companies met the government on Tuesday to push for an increase of...
Keywords: cooking gas, international crude prices, Bharat Petroleum, international crude prices
Read MorePetrol price hiked again! 2013-07-15 04:37:16
Petrol prices rose by another Rs. 1.55 per liter last night. This is the fourth time, since the month of June, that prices of petrol have been revised, all thanks to rupee depreciation that has made oil imports expensive. Earlier,...
Keywords: Petrol price hiked again, rupee depreciation, petrol, Petrol price hiked again
Read MorePetrol, Diesel gets steeper 2013-08-01 06:27:06
Seems there is no respite coming for the Indians any time soon! On Wednesday, oil companies hiked petrol and diesel prices by 88p and 62p respectively, with effect from today. The decision was announced by state-run Indian Oil Corporation. "Petrol...
Keywords: Petrol, oil companies, diesel price hike, price hike
Read MorePetrol prices to slash by Rs. 2 per liter 2014-01-15 05:38:23
Finally, a wave of respite for the petrol-heads! Following two back-to-back price hikes in petrol on January 3 and January 5 respectively, the state-owned oil marketing firms have resolved to slash petrol rates by Rs 1.5-2 a liter this week,...
Keywords: petrol prices to come down, petrol prices to come down, india news, fuel
Read MorePetrol price hike on its way: Jaipal Reddy 2012-03-24 08:55:08
"Petrol prices will be dealt with independently by our ministry. Before we instruct the oil companies, we have to take all matters into consideration," he said. He however, said that petrol prices will remain deregulated. Petroleum and Natural Gas Minister...
Keywords: deregulation, Iran, deregulation, deregulation
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