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Fuel price will be cut if crude prices drop: Deora

Last updated on: July 6, 2009 

Fuel price will be cut if crude prices drop: Deora

India's oil minister Murli Deora said on Saturday that the government would consider a downward revision of fuel prices if international crude prices came down.

India unexpectedly raised gasoline and diesel prices by as much as 10 per cent on July 1, its first increase this year, passing some of oil's rally into an economy just beginning to find its feet amid a global recession.


Image: Fuel price will be cut if crude prices drop: Deora

Source: ANI