Due to inflation, the government faces criticism before the onset of the monsoon session of Parliament to cut the price of gasoline may be some relief. The oil companies earlier this month in the price of petrol was increased by 1.80 rupees a liter.

Opposition and government coalition had also reacted very strongly to this growth. According to the oil companies cut the price of petrol in Delhi from Rs 68.64 to Rs 66.42 per liter will remain.

Indian Oil Corporation (IOC) president RS Butola after the recent price hike in international prices fall on us (excluding tax) gained 1.85 rupees a liter. The benefits are delivered to the consumer.

After putting 20 percent VAT on petrol in Delhi Rs 2.22 liters total will decrease. Decrease in price Rs 2.34 in Mumbai, Kolkata and Chennai to Rs 2.31 to 2.35 liters of Rs.

Since January 2009 the price of petrol is the first cut. The cut petrol in Delhi at Rs 66.42, Rs 71.47 in Mumbai, Kolkata and Rs 70.84 to Rs 70.38 in Chennai will be lit.

Oil companies, according to a top official in the second half of October, gasoline prices in the international market where the average price was 121.67 dollars a barrel, ending the day in the first half of November was down to 115.85 dollars a barrel.

Said gasoline free of government control product, the price of international market fluctuation are maintained in accordance with, the decline is being extended to the benefit of the consumer. Indian Oil said in a release issued here by the international prices have come down and the rupee - dollar exchange rate changes have helped to reduce the price of gasoline.

According to the company after the 16 November cut in petrol prices likely to start at the under-recovery is not any. However, diesel, kerosene and domestic LPG on the oil companies will make huge losses still. Price below market value loss on the sale of diesel has increased to Rs 10.17. Ration which are sold at Rs 25.66 on kerosene and domestic LPG cylinders taking the oil companies still have a loss of Rs 260.50.

Indian Oil price below the market value of these three products sales is from the daily loss of Rs 199 crore. Rs 71,000 crore in the year to the company and the three oil companies lower the total recovery is estimated at Rs 130,000 crore