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OMCs still under-recovering Rs 750 crore daily on petrol, diesel and LPG: Govt
New Delhi: Oil marketing companies are under-recovering Rs 750 crore a day on the sale of petrol, diesel and domestic LPG cylinders below market prices, govt said on Monday.
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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…
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economictimes.indiatimes.com
Should petrol, diesel prices go up by Rs 25 per litre? Oil companies are staring at Rs 1,380 crore daily loss
Indian fuel retailers are facing steep under-recoveries despite a recent Rs 3 hike, with analysts estimating losses of Rs 25/litre and daily hits of Rs 1,380 crore for Indian Oil…
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OMCs still under-recovering Rs 750 crore daily on petrol, diesel and LPG: Govt
New Delhi: Oil marketing companies are under-recovering Rs 750 crore a day on the sale of petrol, diesel and domestic LPG cylinders below market prices, govt said on Monday.
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hindustantimes.com
OMCs still losing ₹750 crore a day: Govt
The losses are on account of an increase in the price of crude oil -- up 51% between February 28, when the US-Israel attack on Iran began, and Monday. | Business News