Petro Price Hike: 'All factors to be discussed'

Agencies
Posted: Jan 16, 2008 at 0819 hrs IST
Updated: Jan 16, 2008 at 0834 hrs IST

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IOC to face net loss of 5,800 cr in 2008-09 Indian oil imports from Middle East up 11 pc, says...Crude shock: Petrol dearer by Rs 5/ltr Fuel hike: Cabinet decision on Wednesday

Prime Minister Manmohan Singh said all factors would be taken into account before taking a decision on raising the prices of petroleum products.

"We have not taken a decision. All factors will be taken into account before a decision is taken", he told journalists on his way back home after the three-day visit to China.

Singh was replying to a question whether the government could keep avoiding a decision on this issue.

Asked whether the issue would come up in the cabinet meeting on January 17, the Prime Minister said he has not yet seen the agenda for the cabinet meeting.

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Petro Price Hike: 'All factors to be discussed'

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