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Home -> News-> India-> Full Story
Petroleum prices to come down by April 15: Naik
Thursday, April 10 2003 12:38 Hrs (IST)

New Delhi: Prices of petroleum products are likely to come down in the next few days in view of a steep fall in international crude prices, Petroleum Minister Ram Naik told Lok Sabha on April 10.

As the war in Iraq was nearing a close, the international oil prices, which stood at $ 32.56 a barrel, have on April 9 come down to $ 24.14, Naik said during Question Hour.

"Keeping this in view, oil companies will take a decision on April 15 keeping consumers' interest in mind…but by how much (the prices will come down) that will be decided by the companies themselves," he said.

PTI








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