Panel to look at pricing of hydrocarbon fuels
July 6th, 2009 - 1:20 pm ICT by IANS ( Leave a comment )
New Delhi, July 6 (IANS) A high-powered panel on pricing of hydrocarbon fuels was announced by Finance Minister Pranab Mukherjee with crude oil prices once again surging in global markets.
Mukherjee said the finer points of the panel’s terms of reference will be announced by Petroleum Minister Murli Deora.
The government last week had permitted oil retailing companies to raise the prices of transport fuels by Rs.4 per litre for petrol and Rs.2 per litre for diesel, while keeping pricing of cooking fuels untouched.
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Tags: crude oil prices, diesel, finance minister, global markets, hydrocarbon fuels, litre, murli deora, New Delhi, petrol, petroleum, pranab mukherjee, rs 2, terms of reference, transport fuels