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 OIL PRICES CALCULATION

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PostSubject: OIL PRICES CALCULATION   Fri Mar 13, 2009 4:54 pm
December 23, 2008 - January contract Crude Oil price is $32.40 per barrel. The differential of calculated fuel price and existing retail price is as follows:



* Calculated Retail Price Rs 25.31 vs existing Retail Price Rs 57.84 per litre - i.e. Rs 32.53 per litre in Government pocket.


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OIL PRICES CALCULATION

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