Fuel+pricing+committee+to+convene+today
Tuesday, 13 August 2019 - 7:51
Fuel pricing committee to convene today
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The Price Formula Committee will meet today for the monthly fuel price revision.

Accordingly the relevant committee is scheduled to meet at the finance ministry this afternoon.

The finance ministry had earlier announced that although the fuel price revision should be done on 10th every month it was postponed to today since 10th this month fell on a Saturday and since the subsequent two days were holidays.

The Price Formula committee that met on 10th last month reduced the price of a litre of petrol 92 Octane by Rs.2 and Octane 95 by Rs.5.

However the Price Formula Committee took steps to increase the price of Octane 92 petrol by Rs. 3 per litre in June.

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