Another hike in petrol prices by Rs 2.96/litre
at Tuesday, December 14, 2010
PSU Oil companies in India will hike petrol prices by Rs 2.96/litre. The fuel price hike will come into effect from Tuesday midnight.
While Bharat Petroleum Corporation Limited (BPCL) will hike prices from Tuesday midnight, Indian Oil Corporation (IOC) and Hindustan Petroleum Corporation Limited (HPCL) are expected to hike fuel prices from Thursday, according to sources.
The current trading price of international crude oil is around $90, which is one of the reasons for the fuel