Domestic/energy
The domestic consumer of petrol and diesel may be subjected to another price-hike on February 14-15, the fourth in as many fortnights, in case international prices of crude oil continue to rule at the current level of around $ 31 a barrel.
This is obvious from the press note issued by oil marketing companies on January 31 when they announced a 40 paise a litre increase in prices of petrol and diesel. The release said that though there has been massive increase in international prices of crude oil,