Petrol prices may go up again next month In india
Posted On Monday, May 16, 2011 at at 6:58 AM by PradeepIf you anticipation the abrupt Rs 5-per-litre backpack in the amount of petrol that hit you this weekend was big, you could be in for addition blow. State-run oil business companies are answer a agnate backpack that could appear as aboriginal as next month. “We don't accept a choice. If all-around oil prices abide to be high, we may accept to apparatus addition petrol amount backpack as aboriginal as next month,” an controlling of a accessible area oil aggregation told HT, requesting not to be named.
An empowered accumulation of ministers is to accommodated in the advancing canicule to adjudge on adopting the prices of diesel, affable gas and kerosene even as the government battles for means to air-conditioned aggrandizement that had hit a 16-year top of 9.38% during 2010-11.
Accommodation will be taken on adopting prices of these items if the (panel) meets next week,” accounts abbot Pranab Mukherjee, who chairs the panel, said on Sunday.
On Saturday oil firms aloft petrol prices by R5 per litre and sources said the EGoM could accede a R4-per-litre access in agent prices and a backpack of R20-25 per butt of LPG. Higher petrol, agent and affable gas prices will acceptable advance up aggrandizement ante further.
Last year, the Centre freed petrol prices and accustomed oil firms to fix prices of the carriage fuel. The Centre, however, continues to adapt prices of diesel, kerosene and LPG