No. of views : (2377)
Prospects of price reduction in petrol & diesel!
Posted on: 31/Jul/2015 5:58:01 PM
After the announcement by OPEC (Organisation of Petroleum Exporting Countries) that there are no plans to reduce the production of crude oil, the prices of crude oil in the international market has met with further steep reduction.
It is learnt that oil corporations are set to make an announcement regarding petrol & diesel prices.
The price of crude oil has been reduced by 27 cents to $48.52 per barrel in the oil quota reserved for distribution in September.Crude oil prices have come down by 7 cents in London Market.
Petrol & diesel prices is expected to drop Rs.4 per litre each.
