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Petroleum prices to come down by April 15: Naik
New Delhi, Apr 10: Prices of petroleum products are likely to come down in the next few days in view of a steep fall in international crude prices, Petroleum Minister Ram Naik told Lok Sabha today.
New Delhi, Apr 10: Prices of petroleum products are likely to come down in the next few days in view of a steep fall in international crude prices, Petroleum Minister Ram
Naik told Lok Sabha today.
As the war in Iraq was nearing a close, the international oil prices, which stood at 32.56 dollars a barrel, have yesterday come down to 24.14 dollars, Naik said during Question Hour.
"Keeping this in view, oil companies will take a decision on April 15 keeping consumers' interest in mind.... But by how much (the prices will come down) that will be decided by
the companies themselves," he said.
Bureau Report