Oil Investing News » Rise in Crude prices takes a toll on Petrol Sales

Rise in Crude prices takes a toll on Petrol Sales

March 5, 2009 @ 10:51 pm In Oil Market News

As world crude prices rise, oil marketing companies are selling petrol at a loss, eliminating intense political pressure on the government to lower pump prices a third time ahead of the general elections.

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[1] here: http://economictimes.indiatimes.com/News/News-By-Industry/Petrol-negatively-charged-for-PSU-oil-cos/articleshow/4231102.cms