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Govt refuses to roll back fuel price hike

Union Petroleum Minister Murli Deora on Thursday refused to roll back the increase in fuel prices but said that a revision will be considered when the international crude oil prices come down.

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Union Petroleum Minister Murli Deora on Thursday refused to roll back the increase in fuel prices but said that a revision will be considered when the international crude oil prices come down.

The government on Wednesday allowed state-run oil firms to increase prices of transport fuels, resulting in petrol becoming dearer by Rs 4 per litre and diesel by Rs 2 per litre.

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