New Delhi Prices of the fuel have gone up 33% since being decontrolled last year
Easing global crude oil price — $103 a barrel on Monday, down from an average $113 a barrel in the first quarter — has nearly covered the losses that retailers IOC, HPCL and BPCL make on petrol, encouraging the government to indicate a price cut in the auto fuel. Since it was decontrolled in June last year, petrol prices have gone up 33%.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/petrol-prices-may-be-cut-global-crude-oil-eases
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-express-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/petrol
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/indian-oil-corporation-ioc
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/hindustan-petroleum-corporation-hpcl
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/bharat-petroleum-corporation-bpcl
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/diesel
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/lpg
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/kerosene
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil-and-natural-gas-corporation-ongc
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-petroleum-natural-gas