Oil News
UPDATE 1-India says no immediate plans to hike subsidised fuel prices
(Adds details, market reaction, background)
NEW DELHI, May 28 (Reuters) - India has no immediate plans
to raise the retail prices of diesel, kerosene and cooking gas,
Oil Minister S. Jaipal Reddy said on Monday, days after a move
to raise petrol prices prompted a backlash that may result in a
partial rollback.
Reddy's remarks do not rule out a price hike, however, and
there were unconfirmed TV
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