In order to bring the raising fuel prices at par with the production cost, the BK Chaturvedi panel has suggested that there should be monthly revision of prices at the rate of Rs 2.50 for petrol and 75 paise for diesel.

At present the major oil marketing companies - Indian Oil, Bharat Petroleum and Hindustan Petroleum - are selling petrol and diesel at a loss of Rs.11.60 a litre and Rs.23.23 a litre respectively. The recommendations of this report are yet to be made public.