Bengaluru, Nov 4: The Oil companies' decision to revise the commission rates has led to Petroleum dealers calling off strike across the county. In a meeting held in Mumbai on Friday, oil companies decided to hike dealers' commission on petrol to 13.8 paise per litre and diesel to 10 paise per litre.
It was also decided that rate of commission will be revised every six months now on. These decisions have been taken following a two-day token protest by dealers across the country with all of them boycotting buying of fuel from oil companies.
The association had decided to work in single shifts in bunks starting Saturday and to keep bunks closed on Sundays and all general holidays if their demands weren't met.
The dealers had also decided to go on a complete shut down and strike on November 15. All these decisions have been dropped following the oil companies' decision to address their concerns.