The Union Petroleum Minister Murli Deora on Thursday refused to roll back the increase in the fuel prices. But he added that a revision will be considered when the international crude oil prices decrease.

The government on Wednesday had allowed the state-run oil firms to increase the prices of the transport fuels. This resulted in petrol becoming costlier by Rs.4 per litre and diesel by Rs.2 per litre.

After the opposition leaders disrupted the start of budget session of parliament over the hike, Deora said that the state oil companies had been recovering from losses, to the tune of Rs.70, 200 crore since the global crude prices have increased by 75% from December 2008.

He added that the hike in the prices was not a decision which had been desirable for the government.

Deora also mentioned that there was no rise in cooking gas and kerosene prices. He also added that the government will look into the issue once again.