IOC to review diesel prices this week

NEW DELHI Wed Feb 13, 2013 4:34pm IST

A worker sits beside an oil tank at a storage facility of an oil company on the outskirts of New Delhi March 25, 2010. REUTERS/Danish Siddiqui/Files

A worker sits beside an oil tank at a storage facility of an oil company on the outskirts of New Delhi March 25, 2010.

Credit: Reuters/Danish Siddiqui/Files

Related Topics

Stocks

   

NEW DELHI (Reuters) - Indian Oil Corp(IOC.NS), 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.

(Reporting by Nidhi Verma; Editing by Sunil Nair)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Earnings Season

Earnings Season

Reliance Q4 sales rise, refining margin narrows.  Read 

Innovative Solution

Innovative Solution

Turning smog into jewels - a Dutch designer's solution to Beijing's pollution.  Video 

Insider Trading

Insider Trading

Rajaratnam's brother loses bid to dismiss insider trading charges.  Full Article 

Literary Giant Dies

Literary Giant Dies

Mourning and memories in Gabriel Garcia Marquez's languid hometown.  Full Article 

S&P on India

S&P on India

S&P: India's ratings to depend on next govt econ, fiscal policies.  Full Article 

Ambitious Aim

Ambitious Aim

In green car race, Toyota adds muscle with fuel-cell launch.  Full Article 

Bond Market

Bond Market

A star abroad, RBI boss riles bond traders at home  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage