Petrol price is likely to be cut on Friday on the back of softening in international rates, Indian Oil Corp, the nation’s largest fuel retailer, hinted on Tuesday.
‘There are some positive indications,’ he said when asked if there is likelihood of a price cut going by the average of oil price and exchange rate so far. ‘How much the price can be reduced etc is to be worked out,’ he said.
‘There are some positive indications,’ he said when asked if there is likelihood of a price cut going by the average of oil price and exchange rate so far. ‘How much the price can be reduced etc is to be worked out,’ he said.