PETROL PRICE WILL BE SAME DISPITE CRUDE OIL ID DOWn

[kumar80]

If you thought falling crude prices would mean a cut in fuel prices, there is no such luck.

Prime Minister Manmohan Singh on Tuesday made it clear that with oil companies still in the red, the time is not right to slash prices.

Crude is now trading at $ 60 dollars, down from a high of $148 a few months ago.

The Indian mix of crude basket costs around $56

[Rumble]

karma

[supermass]