Hayward's ouster has been the subject of speculation after a series of PR gaffes
Reliance wants the issue to be taken up at the next meeting of Mukherjee-headed EGoM on July 27
The reduction in price negates the 3.2 per cent or Rs 1,297 per kl, hike in prices that oil firms had announced from July 1
Oil Secretary also said there was a scope for government stake sale in ONGC and IOC
All state firms would sell petrol at the same rate for three months but this may change
Petrol prices were freed from government control last month, resulting in a Rs 3.50 per litre rate hike
Some of the stations were closed, while others were operating
In May, coal-based power generation had risen about 3 per cent
IOC differs with other oil firms, doesn't want rates to be revised too often
