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PTI 10:38 PM | November 06,2009
The government has to issue oil bonds worth Rs7,136 crore to IOC, Rs2,443 crore to HPCL and Rs2,274 crore to BPCL
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Reuters 12:55 PM | August 31,2009
IOC had bought the same amount for May-October delivery, or 40,000 tonnes each month for the six-month period at premiums of less than below $3.00 a barrel
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PTI 02:49 PM | August 06,2009
Murli Deora said as the costs of primary raw material, crude oil are more or less uniform internationally, the rate of taxation in a country plays an important role in determining the retail price of petroleum products
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Utpal Bhaskar 10:16 PM | July 14,2009
The move is aimed at trimming subsidies on the fuel distributed through ration shops and lowering pilferage
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11:31 AM | January 13,2009
The Cabinet may reduce petrol price by Rs5 a litre, diesel by Rs3 per litre and domestic LPG by Rs25 per cylinder, giving relief to the common man and further easing inflationary pressures
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PTI 06:36 PM | December 22,2008
The company has seen its gross realisation on crude oil sales fall to one-third to $40-42 a barrel this quarter
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PTI 12:50 PM | December 16,2008
Home minister P Chidambaram said the government would look into demands for further reduction in auto fuel prices
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PTI 06:24 PM | December 05,2008
As an interim measure, the government has decided to cut the prices with effect from midnight tonight, Petroleum Minister Murli Deora said
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PTI 02:32 PM | November 04,2008
For the first time in more than 12 months, oil companies have started making profit on sale of petrol, but they continue to lose Rs155 crore per day on diesel, LPG and kerosene sales
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12:51 PM | October 14,2008
The Indian basket of crude oil yesterday fell to $72.20 per barrel, the lowest level this year
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PTI 04:36 PM | September 10,2008
A cut in petrol and diesel prices may not be economically feasible as Indian Oil, Bharat Petroleum and Hindustan Petroleum are projected to lose Rs1,65,300 crore on fuel sales this fiscal
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Ashwin Ramarathinam and Sanat Vallikappen 12:46 AM | September 08,2008
Overall, the percentage growth in dividend payouts by 57 PSUs for fiscal 2008 might suggest that state-owned companies are less liberal than their counterparts in the private sector
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PTI 02:37 PM | September 01,2008
Oil companies continue to lose money on sale of petrol, diesel, LPG and kerosene
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PTI 03:02 PM | August 12,2008
It proposed that smart cards be issued to BPL families for supply of subsidised kerosene in urban and semi-urban areas to cut diversion of the fuel to unintended users
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Wheelspin / Murad Ali Baig 03:49 PM | June 13,2008
The automobilization process cannot be reversed; the average car owner will have to raise his cars’ petrol bill from Rs3,000 a month to Rs3,400 and bikes’ bill from Rs300 to Rs340
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