According to the reports, the Oil Ministry would take the Kirit Parikh panel recommendation for raising kerosene prices by Rs. 4-5 per litre and LPG by Rs. 250 per cylinder to CCPA.
The reports said the Oil Ministry would propose to CCPA that diesel price hikes of 40-50 paisa a litre per month may be continued.
State-run oil marketing companies on Wednesday increased prices of non-subsidised cooking gas or liquefied petroleum gas (LPG) by Rs 16.50 per cylinder and aviation turbine fuel (ATF) or jet fuel by over half a percent as global crude prices surged on the back of Iraq crisis.