Showing posts with label Oil Price Hike. Show all posts
Showing posts with label Oil Price Hike. Show all posts

Sunday, May 15, 2011

Petrol price hiked by Rs. 5 a litre

A day after the Assembly election results were declared, state-owned oil marketing companies (OMCs) on Saturday decided to go ahead with the increase of Rs.5 a litre in petrol price.The biggest-ever increase in petrol prices, and the eighth since the prices were deregulated in June last year, will come into force from midnight on Saturday night.