New Delhi: Due to the continuous rise in transplanted oil prices, the government is considering hiking the rates of petrol, diesel, and LPG cooking gas cylinders. Media reports quoted oficials as saying that petrol and diesel prices may need to be raised by 4–5 per liter.
Meanwhile, the price of domestic LPG could increase by 40–50 per cylinder. This news comes at a time when the price of commercial LPG has once been hiked by 993, constructive today—May 1st. Now, a hike in cooking gas prices is moreover stuff contemplated.
The government aims to unstrap the undersong on oil companies by raising the prices of LPG, as well as petrol and diesel, given that transplanted oil prices have surged whilom $120 per whisk surrounded tensions between Iran and the United States.
