Petrol price likely to decrease
10 July, 2012
Another decrease of Rs.280 expected in Petrol price, whereas is likely Kerosene oil is likely to increase.
Sources from Petroleum Ministry told that petrol and high octane prices were expected to decrease by Rs2.81 and Rs0.70 respectively from July 16. Meanwhile, Kerosene oil is likely to increase by Rs1.65, HOBC by Rs5 and light diesel by Rs1.28 per liter.
The sources said that the decision was taken due to slash in crude oil price in international market.