We will roll back price hike if crude prices stabilize: DeoraJuly 9th, 2009 NEW DELHI - Union Minister of Petroleum and Natural Gas Murli Deora on Thursday said that government will roll back the price hike of Rs 4 and Rs 2 a-litre on petrol and diesel respectively, if international crude oil prices stabilise between 50 to 60 dollars a barrel. "Yes, we will cut prices if crude prices stabilise for sometime between 50 and 60 dollars per barrel," Murli Deora said.
Bangaloreans resent fuel price hikeJuly 2nd, 2009 BANGALORE - The residents of Bangalore have expressed widespread resentment over the fuel price hike announced Wednesday which, they feel, would result in increase in prices of other essential products and services. After the hike of petrol prices by Rs.4 per litre and diesel prices by Rs.2 per litre, Bangaloreans now have to shell out Rs.50.66 per litre for petrol and Rs.37.01 per litre for diesel.
Decontrol petrol and diesel prices, says Economic SurveyJuly 2nd, 2009 NEW DELHI - India's Economic Survey for 2008-09 tabled in parliament Thursday has called for decontrolling petrol and diesel prices at the earliest even as the opposition protested the fuel price hike announced a day earlier. The government increased petrol and diesel prices by nearly 10 percent Wednesday, citing as a reason the climbing international oil price which has increased the burden on the state-owned oil marketing companies.
India hikes gasoline, diesel prices, leaves cooking fuels untouchedJuly 1st, 2009 NEW DELHI - India Wednesday allowed state-run oil firms to increase prices of transport fuels, resulting in gasoline becoming dearer by Rs.4 per litre and diesel by Rs.2 per litre, following successive increase in global crude prices. Petroleum Minister Murli Deora told reporters at a hurriedly convened press conference here that the new prices take effect from the midnight of Wednesday.
India hikes prices of gasoline, diesel, leaves cooking fuels untouchedJuly 1st, 2009 NEW DELHI - India Wednesday allowed oil companies to increase the prices of transport fuels, resulting in petrol becoming dearer by Rs.4 per litre and diesel by Rs.2 per litre, following successive increase in global crude oil prices. Petroleum Minister Murli Deora told reporters the new prices would take effect from the midnight of Wednesday.
India hikes gasoline, diesel prices, leaves cooking fuels untouched (Second Lead)July 1st, 2009 NEW DELHI - Just five days before the union budget is to be presented, India Wednesday allowed state-run oil firms to increase prices of transport fuels, resulting in gasoline becoming dearer by Rs.4 per litre and diesel by Rs.2 per litre, following successive increase in global crude prices. Petroleum Minister Murli Deora told reporters at a hurriedly convened press conference here that the new prices take effect from the midnight of Wednesday.
Withdraw fuel price hike: AchuthanandanJuly 1st, 2009 THIRUVANANTHAPURAM - Kerala Chief Minister V.S. Achuthanandan Wednesday demanded that the central government immediately withdraw the hike in petrol and diesel prices and provide relief to the common people.
Oil jumps above $73 in Asia, 8-month high, on weaker dollar, Nigeria attacksJune 30th, 2009 Oil jumps above $73 on dollar fall, Nigeria attackSINGAPORE — Oil prices jumped above $73 a barrel Tuesday in Asia as a weakening U.S. dollar and attacks on oil installations in Nigeria helped push prices to eight-month highs.
Gas prices climb 19 cents over 2 weeks, but remain below last year's levelsJune 1st, 2009 Gas prices climb 19 cents over 2 weeksCAMARILLO, Calif. — The U.S.
No immediate cut in diesel price: DeoraFebruary 26th, 2009 NEW DELHI - The government has no immediate plans to reduce diesel prices even though global oil prices are at record low levels, Petroleum Minister Murli Deora said here Wednesday. 'As of now, there is no plan to cut prices.
Indians wake up to fuel price cut good newsJanuary 28th, 2009 NEW DELHI - Indians woke up to some pleasant news Thursday with the prices of fuel being cut further as the government allowed its state-run petroleum retail companies to cut the prices of petrol, diesel and cooking gas late Wednesday night. Petrol will now be cheaper by Rs.5 a litre, diesel by Rs.
Maruti Suzuki hikes prices of some modelsJanuary 26th, 2009 NEW DELHI - Auto major Maruti Suzuki India Tuesday raised prices of some models, including the recently launched A Star, by up to Rs.10,000. 'The introductory prices for the A Star, which was launched in November last year, were withdrawn.
Fuel prices to be again cutJanuary 9th, 2009 MUMBAI - Another reduction in fuel prices is round the corner. In the next few weeks, petrol will be cheaper by Rs.5 a litre, diesel by Rs.3 a litre, and cooking gas (LPG) by Rs.20-25 a cylinder, Petroleum Minister Murli Deora said Saturday.
Petrol, diesel, cooking gas prices to be cutJanuary 9th, 2009 MUMBAI - Petrol, diesel and cooking gas prices may be cut further to bring them in line with international rates, Petroleum Minister Murli Deora said here Saturday. The government might reduce petrol prices by Rs.5 per litre, diesel prices by Rs.3 per litre, cooking gas (LPG) prices may be cut by Rs.20-25 per cylinder.
Truckers threaten indefinite strike from Jan 5December 23rd, 2008 NEW DELHI - Truckers have threatened to go on a country wide indefinite strike from Jan 5 if diesel price was not slashed by Rs.8 a litre. Vinish Khanna, joint secretary of the All India Motor Transport Congress (AIMTC), which has called for the strike, told IANS that transporters were dissatisfied with the diesel price cut of Rs.2, announced earlier this month.