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View Full Version : Indian Oil Increases Gasoline Prices for First Time in 7 Months - Bloomberg



NewsWhore
05-23-2012, 03:00 PM
Indian Oil Increases Gasoline Prices for First Time in 7 Months (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNExpCmL5YZ7QaZMuSpSFIbcA3UITw&url=http://www.bloomberg.com/news/2012-05-23/indian-oil-increases-gasoline-prices-for-first-time-in-7-months.html)
Bloomberg
The currency has lost 9.2 percent this quarter in Asia's worst performance. A decline in the rupee increases Indian refiners' cost of buying crude oil, about 80 percent of which is imported and paid for in dollars. State refiners are free to set ...

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