Petrol may go dearer from today
PRESS TRUST OF INDIA
New Delhi, Nov 8: Indian Oil Corporation, India’s largest fuel retailer, is likely to hike petrol prices by Rs 0.33 per litre tomorrow.
IOC Chairman B M Bansal said international crude oil prices have risen since the last price revision, necessitating an increase in domestic retail prices.
IOC is losing about Rs 1 on sales of every litre of petrol, as crude oil prices have climbed to USD 87 per barrel from USD 81-82 at the time of the last revision.
Lastupdate on : Mon, 8 Nov 2010 21:30:00 Makkah time
Lastupdate on : Mon, 8 Nov 2010 18:30:00 GMT
Lastupdate on : Tue, 9 Nov 2010 00:00:00 IST
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