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    <title>Under-Recovery on Diesel Effective 01.01.2013 goes past at Rs 9.03 per litre mark Under-recovery for December on Domestic LPG, and PDS Kerosene remain high OMCs Incurring Daily Under-Recoveries of Rs 389 Crore Crude Oil Price for Indian Basket went down to US$ 108.46 per barrel on 31.12.2012</title>
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    <description>Under-recovery on High Speed Diesel decreased to Rs 9.03 per litre effective 01.01.2013 while Domestic LPG and PDS Kerosene under-recoveries remained at Rs 490.50 per cylinder and Rs 30.64 per litre respectively; the Government provides additional subsidies on LPG and PDS Kerosene and under-recoveries are computed monthly. OMCs reported a daily under-recovery of about Rs 389 crore; international benchmarks cited include an Indian-basket crude price near US$ 108.46 per barrel and an exchange rate about Rs 54.78 per US dollar.</description>
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    <pubDate>Tue, 01 Jan 2013 16:41:33 +0530</pubDate>
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      <description>Under-recovery on High Speed Diesel decreased to Rs 9.03 per litre effective 01.01.2013 while Domestic LPG and PDS Kerosene under-recoveries remained at Rs 490.50 per cylinder and Rs 30.64 per litre respectively; the Government provides additional subsidies on LPG and PDS Kerosene and under-recoveries are computed monthly. OMCs reported a daily under-recovery of about Rs 389 crore; international benchmarks cited include an Indian-basket crude price near US$ 108.46 per barrel and an exchange rate about Rs 54.78 per US dollar.</description>
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