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Thursday, July 15, 2010

Monthly revision in Petrol rates finalized by three IOC

Till now we were blaming the Indian Government to raising the prices of petrol. But now when Indian government has de-regularized the petrol prices and made the oil exploration companies to fix their own retail charges, we have to suffer more. The top three Indian oil companies- HPCL, IOCL and BPCL have decided that they will revise the petrol cost on monthly basis across India. It means that petrol prices can be reached on international market level which will add additional burden on public. However, the Indian leaders will still be in position to get extra money.

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