The government is likely to raise up to Rs5 per litre prices of petroleum products for the month of March.
According to finance ministry sources, the price of petrol is likely to go up by Rs3.90/litre; high speed diesel Rs.5 and light speed diesel by Rs.2.50.
The per litre price of kerosene oil is likely to be raised by Rs.3, while high octane blending component (HOBC) by Rs4