REUTERS has just reported as follows:
Indian Oil Corp, the country's largest state-owned refiner, will review diesel prices on Friday or Saturdy, chairman R.S. Butola said.
India deregulated diesel prices last month by allowing fuel retailers to raise the price of subsidised diesel by up to 0.50 rupees a litre every month and asking bulk buyers to pay market rates.
Comment: This could well be the first test for the GOIs diesel price deregulation / rationalization policy.
No comments:
Post a Comment