6/10/2011

State-owned oil firms may hike petrol price by about Rs 0.50 per litre from June 16

Image via WikipediaState-owned oil firms may hike petrol price by about Rs 0.50 per litre from June 16 as last month's steep increase in rates is not enough to cover the cost of raw material (crude oil).

Gasoline , or petrol, is a translucent, yellow-tinted liquid mixture, derived from petroleum, which is primarily used as a fuel in internal combustion engines. It is also used as a solvent,

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