Thursday, May 24, 2012

Cheap energy days are over.

Indian Oil Increases Gasoline Prices for First Time in 7 Months - Bloomberg: "Gasoline was raised 11 percent to 73.18 rupees a liter in New Delhi from midnight, Indian Oil said in an e-mailed statement. Prices of diesel, kerosene and cooking gas were left unchanged. Indian Oil’s actions are usually followed by state- owned rivals Hindustan Petroleum Corp. and Bharat Petroleum Corp."

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