Oil firms have increased petrol prices by Rs 5 per litre

Oil firms have increased petrol prices by Rs 5 per litre Oil firms have increased petrol prices by Rs 5 per litre from Sunday, the largest rise in two and a 1 / 2 yrs, as global crude costs have soared along with the government gave state firms the go ahead after elections of assembly were finished.

State’s controlled companies likeHindustan Petroleum Corp Bharat Petroleum Corp Ltd and Indian Oil Corp are technically free to raise prices, but they had held back deciding after informal instructions through the government, which did not need to bother voters in Tamil Nadu Kerala Assam and West Bengal .

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