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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
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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.
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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…
