There may be few release to consumers of petrol. India may cut petrol prices if crude falls further Oil minister S.Jaipal Reddy said on monday. the company will cut down price 1.5 Rs/litre if there crude falls further. its natural adjusted petrol price downward if there crude price downword.
Last year India gave oil companies the freedom to fix petrol prices. when taxes changed by country the petrol prices changed as market rates.
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