<h1>Petroleum Under-Recovery Rates Surge in December 2012: Diesel at Rs 10.03/Litre, LPG Hits Rs 520.50/Cylinder.</h1> The Petroleum Planning and Analysis Cell reported increased under-recovery rates for petroleum products in December 2012. The under-recovery on diesel rose to Rs 10.03 per litre, up from Rs 9.06 in November. Domestic LPG saw a sharp increase to Rs 520.50 per cylinder, while PDS kerosene remained high at Rs 30.93 per litre. Public sector oil marketing companies are incurring daily under-recoveries of Rs 420 crore due to these increased costs. The crude oil price for the Indian basket rose to $109.51 per barrel. The government provides subsidies to mitigate some of these under-recoveries.