Indian Oil Corporation (IOC), the country’s biggest fuel retailer, is looking at raising retail prices of petrol from Tuesday, Chairman B M Bansal said on Monday, due to rising global crude oil prices. “We are mulling an increase in petrol price,” Bansal told reporters …
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Petrol prices may change every fortnight
Posted on: July 8th 2010 in Press Releases.
State-owned oil firms may opt to revise petrol prices every fortnight to reflect changes in the global oil market in the free pricing regime that kicks in from next week. Petrol prices were freed from government control last month resulting in a Rs 3.50 per litre hike in rates in Delhi, …
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