Central Government monitoring crude oil prices ahead of petro hike: Deora
27 Jun 2009, 1707 Hrs

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Panaji (Goa), June 27 Petroleum Minister Murli Deora on Saturday said that the UPA Government is monitoring international crude oil prices before deciding when to announce the next petroleum price hike.

"Unfortunately the international crude oil prices have gone up. We are watching the situation," Deora told reporters here.

"The cabinet will discuss the crude oil prices before deciding on the matter," he added.

Deora was in Goa to attend a meeting of oil company representatives. Union Minister of State for Petroleum and Natural Gas Jitin Prasada accompanied him.

The two central ministers also met Goa Chief Minister Digamber Kamat and other state government officials. (ANI)

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