Petrol prices hiked by Rs. 4 a litre; diesel up Rs. 2

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 - Petrol and diesel prices rise by as much as 10 percent in India, on Wednesday, the first increase this year and one of the steepest ever. Petrol prices rose by four rupees a litre, while diesel rates were hiked by two rupees a litre.

July 2nd, 2009 NEW DELHI - RJD chief Lalu Prasad on Thursday called upon the government to make the Liberhan Commission report on the Babri Masjid demolition public at the earliest. "The report is already delayed.

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 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.

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.

June 22nd, 2009 NEW DELHI - Unstable international oil rates may force the Government of India to increase petrol price by Rs 2 a litre and diesel by Re 1 per litre, unless excise duty on both the fuels is cut to neutralise the increase. According to reports, state fuel retailers- Indian Oil, Hindustan Petroleum and Bharat Petroleum- incur a loss of Rs 135 crore per day on sale of petrol, diesel, LPG and kerosene.

January 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.

January 27th, 2009 NEW DELHI - The government late wednesday decided to further reduce prices of transport fuels and cooking gas. 'It has been decided to reduce the price of petrol by Rs.5 a litre, of diesel by Rs.2 a litre and LPG (liquefied petroleum gas) by Rs.25 per cylinder,' External Affairs Minister Pranab Mukherjee told reporters after a meeting of the Cabinet Committee of Political Affairs (CCPA).

January 27th, 2009 NEW DELHI - India Wednesday allowed its state-run petroleum retail companies to cut the prices of gasoline, diesel and cooking gas. Petrol will now be cheaper by Rs.5 a litre, diesel by Rs.2 and cooking gas by Rs.25 per cylinder.

January 11th, 2009 NEW DELHI - Petrol, diesel and cooking gas prices will be cut to the 'maximum possible' extent soon, Minister of State for Petroleum and Natural Gas Dinsha Patel said here Monday. 'We will ensure that the reduction in prices is maximum and is implemented as soon as possible,' Patel said on the sidelines of the Petrotech India conference.

January 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.

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 8th, 2009 RAIPUR - Blackmarketeers struck it rich in the Chhattisgarh capital Friday -- selling petrol for as much as Rs.80 a litre -- after dozens of petrol pumps went dry due to a strike by oil sector employees. After a majority of petrol pumps had 'Closed' signs hung outside, people were seen thronging the roadside to buy petrol.