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Fuel price hike may become inevitable amid rising crude stress: MK Surana

India's oil marketing companies face escalating under-recoveries due to persistent crude oil supply disruptions and an uncertain global market. Industry veteran MK Surana warns of intensifying financial stress, suggesting a potential retail fuel price hike may become inevitable to manage the growing burden on fuel retailers.

Raccontata daoilprice.comeconomictimes.indiatimes.comtheprint.inndtv.comm.economictimes.comthehindubusinessline.comtimesofindia.indiatimes.com

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6 prospettive sulla stessa storia
AI · summaries
economictimes.indiatimes.comStai leggendo1 mesi fa

Fuel price hike may become inevitable amid rising crude stress: MK Surana

India's oil marketing companies face escalating under-recoveries due to persistent crude oil supply disruptions and an uncertain global market. Industry veteran MK Surana warns of intensifying financial stress,…

originale

Timeline cronologica

  1. martedì 12 maggio 2026·oilprice.com

    Modi's Fuel Price Freeze Is Costing State Retailers Billions | OilPrice.com

    India’s oil minister warned state fuel retailers are losing up to ?1,000 crore a day selling below market prices and the situation may not be sustainable.

  2. mercoledì 13 maggio 2026·economictimes.indiatimes.com

    Fuel price hike may become inevitable amid rising crude stress: MK Surana

    India's oil marketing companies face escalating under-recoveries due to persistent crude oil supply disruptions and an uncertain global market. Industry veteran MK Surana warns of…

oilprice.com1 mesi fa

Modi's Fuel Price Freeze Is Costing State Retailers Billions | OilPrice.com

India’s oil minister warned state fuel retailers are losing up to ?1,000 crore a day selling below market prices and the situation may not be sustainable.

Leggi questa versione → originale
m.economictimes.com1 mesi fa

The Rs 3 relief that wasn't: Why investors are dumping oil stocks after long-awaited petrol, diesel price hike

Shares of HPCL and BPCL fell up to 3% despite the first fuel price hike since 2022, as investors worried the increase would not offset mounting losses. Analysts estimate OMCs could still lose nearly Rs 500 crore daily…

Leggi questa versione → originale
timesofindia.indiatimes.com1 mesi fa

Oil stocks slide as price hike fails to offset losses

MUMBAI: Despite a hike in retail fuel prices for petrol and diesel, stocks of oil marketing companies (OMCs) were deep in the red as market players said the price hike was not enough to offset daily losses these…

Leggi questa versione → originale
ndtv.com1 mesi fa

Oil Companies Losing Rs 1,600 Crore Daily. Will Rs 3 Petrol Hike Be Enough?

OMCs' production costs have "gone through the roof in the past month", Petroleum Minister Hardeep Singh Puri said last month after the governemnt cut central excise taxes to ease burdens.

Leggi questa versione → originale
theprint.in1 mesi fa

Petrol, diesel prices hiked by Rs 3 per litre as Centre moves to ease OMC losses

The hike comes amid soaring global energy costs, with government citing mounting under-recoveries and fiscal pressure on state-run oil firms

Leggi questa versione → originale
  • venerdì 15 maggio 2026·theprint.in

    Petrol, diesel prices hiked by Rs 3 per litre as Centre moves to ease OMC losses

    The hike comes amid soaring global energy costs, with government citing mounting under-recoveries and fiscal pressure on state-run oil firms

  • venerdì 15 maggio 2026·economictimes.indiatimes.com

    HPCL, BPCL and IOC shares slide up to 3% after petrol, diesel price hike

    Oil marketing company shares fell on Friday. Petrol and diesel prices saw a modest increase. This hike aims to ease financial pressure on companies. Global crude oil prices remain…

  • venerdì 15 maggio 2026·ndtv.com

    Oil Companies Losing Rs 1,600 Crore Daily. Will Rs 3 Petrol Hike Be Enough?

    OMCs' production costs have "gone through the roof in the past month", Petroleum Minister Hardeep Singh Puri said last month after the governemnt cut central excise taxes to ease…

  • venerdì 15 maggio 2026·m.economictimes.com

    Yogesh Patil decodes why petrol, diesel prices may rise further

    India's oil marketing companies received a modest Rs 3 per litre fuel price hike, which analysts say is insufficient to cover daily losses. While this offers some relief, a…

  • venerdì 15 maggio 2026·m.economictimes.com

    The Rs 3 relief that wasn't: Why investors are dumping oil stocks after long-awaited petrol, diesel price hike

    Shares of HPCL and BPCL fell up to 3% despite the first fuel price hike since 2022, as investors worried the increase would not offset mounting losses. Analysts estimate OMCs…

  • venerdì 15 maggio 2026·thehindubusinessline.com

    Fuel price hike weighs on OMCs, paint stocks

    Shares of oil marketing companies and paint manufacturers declined up to 3% in early trade on Friday after petrol and diesel prices were increased by Rs 3 per litre across the…

  • sabato 16 maggio 2026·timesofindia.indiatimes.com

    Oil stocks slide as price hike fails to offset losses

    MUMBAI: Despite a hike in retail fuel prices for petrol and diesel, stocks of oil marketing companies (OMCs) were deep in the red as market players said the price hike was not…

  • sabato 16 maggio 2026·economictimes.indiatimes.com

    Fuel hike not enough to offset all losses, oil stocks fall further

    In an unexpected turn, shares of oil companies fell even with a recent fuel price boost. This adjustment couldn't compensate for the rising crude oil prices, leaving experts…