No immediate cut in diesel price: Deora

July 21st, 2009 NEW DELHI - The government Tuesday indicated that retail prices of fuel could be reduced if international crude prices fell. "The government is monitoring the international oil prices closely and will take appropriate pricing decisions to protect the interest of the common man, particularly the vulnerable sections of the society, Petroleum Minister Murli Deora said Tuesday in the Rajya Sabha.

July 21st, 2009 NEW DELHI - Union Minister for Petroleum and Natural Gas Murli Deora on Tuesday said that the Government has decided not to increase the retail prices of kerosene and domestic LPG, in the interest of the common man, particularly the vulnerable sections of the society. Replying to a debate on the call attention notice in the Rajya Sabha on Tuesday, Deora said that to protect the consumer from the inflationary impact of rising international oil prices, Government has been modulating the retail prices of sensitive petroleum products, including petrol, diesel, kerosene and domestic LPG.

July 20th, 2009 NEW DELHI - The Union Petroleum Minister Murli Deora has made clear that India will not bow to any external pressure on the participation in Iran - Pakistan - India gas pipe line. Replaying to a question in the Rajya Sabha on Monday, Deora said there are some outstanding issues including finalization of the gas price with Iran.

July 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.

July 5th, 2009 CHENNAI - Union Petroleum Minister Murli Deora has said the government would consider a downward revision of fuel prices if international crude prices came down. "I have already explained you how we have increased the prices and what made us to increase the prices.

July 2nd, 2009 NEW DELHI - Union Petroleum Minister Murli Deora Thursday refused to roll back the increase in fuel prices but said that a revision will be considered when the international crude oil prices come down. The government Wednesday allowed state-run oil firms to increase prices of transport fuels, resulting in petrol becoming dearer by Rs.4 per litre and diesel by Rs.2 per litre.

July 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.

July 1st, 2009 NEW DELHI - The Centre on Wednesday announced a rise in the price of petrol and diesel by Rs. 4 and Rs.2 per litre, respectively.

June 16th, 2009 New Delhi, June 15(ANI): Union Petroleum Minister Murli Deora has expressed his concern over the rise in international crude oil prices and said that the government is looking at solutions to tackle the widening revenue deficit, hinting at a rise in petrol and diesel prices. "We are seriously concerned about the rise in crude oil prices.

June 15th, 2009 NEW DELHI - The government is "seriously concerned" about the rise of crude oil prices in the global market and is looking at various options, including raising fuel prices, to tackle the situation, Petroleum Minister Murli Deora said here Monday. "We are seriously concerned about the rise in crude oil prices, he told reporters after meeting Finance Minister Pranab Mukherjee to discuss his budget wishlist.

May 29th, 2009 NEW DELHI - Petroleum and Natural Gas Minister Murli Deora on Friday said he would seek Cabinet approval for oil price deregulation in six weeks. "Decision regarding decontrol of prices is to be taken by the Cabinet," Deora told reporters in response to a question.

February 27th, 2009 NEW DELHI - Despite speculation that the government may reduce the price of diesel before general elections are announced, the union cabinet of ministers did not discuss the issue when it met here Thursday, Petroleum Minister Murli Deora said after the meeting. Though diesel is the only petroleum product on which state-run oil marketing companies are earning a good profit, there had been speculation that the government would take the populist measure before the poll date announcement kicked the model code of conduct into place and made such an announcement impossible.

January 27th, 2009 NEW DELHI - The cabinet is likely to take up the issue of a fuel price cut Wednesday, just a day after Sonia Gandhi, chairman of the ruling United Progressive Alliance, announced a likely dip at a political rally. The decision also comes with the Election Commission indicating that it plans to complete the general elections by May 18.

January 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.

January 6th, 2009 NEW DELHI - Petroleum Minister Murli Deora Wednesday said the government may slash fuel prices further in 'two to three weeks'. The government had earlier lowered the petrol price by Rs.5 and diesel by Rs.2 per litre in the first week of December 2008.