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Petrol price to go up by Rs. 5 per litre from 05-15-11. Another rate hike on the cards soon!

Posted on: May 14th 2011 in Market News.

In the steepest hike ever, state-owned oil companies have increased petrol price by about Rs. 5 per litre with effect from midnight tonight. The increase in petrol price, which the oil firms had been holding since January even though crude oil had touched a two-and-a-half-year high, came…

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Govt hikes petrol prices by Rs 4/ltr, diesel by Rs 2/ltr

Posted on: July 1st 2009 in Press Releases.

NEW DELHI: Government has hiked the petrol prices by Rs 4 per litre and diesel by Rs 2 per litre to cut losses of oil companies in view of rising global oil rates. Petroleum Minister Murli Deora discussed the necessity of raising fuel prices with party leaders and he is also reported to …

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