THE government has indefinitely deferred a hike in diesel rates despite soaring crude oil prices to prevent a further increase in prices, particularly of food items, Petroleum Minister Murli Deora said.
Oil marketing companies are demanding higher prices because crude oil has been trading at about $90 a barrel for a month, even as state-set diesel rates have not been changed since June.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/diesel-rate-hike-put-check-prices
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/economic-times-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/diesel
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil-exploration
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-petroleum-natural-gas
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/petrochemical-industry