Petrol price has rose since 2002 and now after 10 years it is on same increasing stage. 
Since December 2010 crude oil price has reached its
 lowest level. The inflation-stricken masses of the gift may cut prices 
of petrol. July is expected that oil companies can reduce its price by 
Rs 4.
Oil companies at the end of this month petrol prices are subject 
to review after the announced cuts. 
International crude oil prices 
compared to the first $ 115 per barrel has risen to $ 97 a barrel. Oil 
companies last month in the prices of gasoline was 7.54 cent per liter. 
Later it was cut to 2.02 per liter.
It cut the price of crude oil was 
115 dollars a barrel after arriving. The source said an oil company 
certainly has room to cut petrol prices. The IOC's petrol pumps in Delhi
 at Rs 70.24 per liter of gasoline is going to get. 

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