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Petrol, diesel prices to be raised again to cover dealers' margins
Petrol prices are set to increase again by Rs 0.40 per litre, while diesel will see an increase of Rs 0.17 per litre, on an increase in dealers’ margin. The increase will happen once the empowered group of ministers (EGoM) meets to review diesel prices. After a few cancellations, a fresh date for a meeting of the group has not been scheduled. Dealers currently get a commission of Rs 1.21 on every
Petrol prices are set to increase again by Rs 0.40 per litre, while diesel will see an increase of Rs 0.17 per litre, on an increase in dealers’ margin. The increase will happen once the empowered group of ministers (EGoM) meets to review diesel prices. After a few cancellations, a fresh date for a meeting of the group has not been scheduled. Dealers currently get a commission of Rs 1.21 on every
Petroleum traders threaten strike from september 20
After the oil companies, the oil (retail) distributors are gearing up to seek attention of the Union government for a viable business model. The Federation of All-India Petroleum Traders (FAIPT)
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