Govt to slash petrol, diesel, cooking gas prices

New Delhi, Jan 7: A sigh of relief awaits as the government announced that it may cut petrol and diesel prices further and slash cooking gas prices in the next two to three weeks. "We will try to reduce the prices of petrol and diesel in the next 2-3 weeks," Petroleum Minister Murli Deora told reporters at the AICC headquarters here.

The extent of reduction is still not known. The Government on Dec 5 had announced Rs 5 per litre and Rs 2 a litre reduction in petrol and diesel prices, respectively because of the low time global crude prices.

When asked about cooking prices, Deora said, "There was loss on that count to the government." He, however, hinted at a reduction of Rs 20-25 per cylinder.

OneIndia News (With inputs from Agencies)