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Storia in 5 fonti

After 4 rounds of fuel price hike, oil marketing companies still ‘losing around Rs 600 cr each day’

Petroleum ministry says profits earned by oil firms last year could be wiped out within a quarter as under-recoveries still very high.

Raccontata da

timesofindia.indiatimes.com

thehindubusinessline.com

newsbytesapp.com

economictimes.indiatimes.com

Confronto fonti

5 prospettive sulla stessa storia

AI · summaries

theprint.inStai leggendo1 g fa

After 4 rounds of fuel price hike, oil marketing companies still ‘losing around Rs 600 cr each day’

Petroleum ministry says profits earned by oil firms last year could be wiped out within a quarter as under-recoveries still very high.

Timeline cronologica

sabato 23 maggio 2026·timesofindia.indiatimes.com
Fuel prices up 3rd time in 10 days, PSUs losing Rs 13/litre on petrol, Rs 38 on diesel
NEW DELHI: Public sector oil companies increased petrol and diesel prices by nearly 90 paise per litre on Saturday, the third hike since May 15, as they sought to partly offset…
lunedì 25 maggio 2026·thehindubusinessline.com
OMC stocks rally 5.8% as crude slips below $100; fuel prices raised for fourth time in two weeks

newsbytesapp.com

1 g fa

Oil firms losing ₹600cr daily despite recent price hikes

India's state-run oil companies (IOC, BPCL, HPCL) are bleeding ₹600 crore/day despite four retail price hikes in May, while the Centre loses ₹14,000 crore/month in excise revenue from duty cuts meant to cap pump prices. Sustained crude volatility will pressure India's fiscal deficit and current account balance, with downstream exposure hitting logistics and supply chain costs across sectors.

Leggi questa versione → originale

economictimes.indiatimes.com1 g fa

OMCs hike fuel prices, this time by ₹2.7 a litre

State-run oil marketing companies have increased petrol and diesel prices by about ₹2.7 per litre, marking the fourth hike in 11 days and pushing the total rise to around ₹7.5–8 per litre.

Leggi questa versione → originale

thehindubusinessline.com1 g fa

OMC stocks rally 5.8% as crude slips below $100; fuel prices raised for fourth time in two weeks

OMC stocks rise 5.8% as crude prices fall below $100, amid fourth fuel price hike in two weeks.

Leggi questa versione → originale

timesofindia.indiatimes.com1 g fa

Oil stocks rally today: BPCL, HPCL and IOC jump 6% as fuel price hiked for fourth time in 10 days

HPCL (+6%), IOC (+4%), BPCL (+4.5%) surged after India's fourth fuel hike in 10 days — petrol up Rs 2.61/litre, diesel Rs 2.71/litre. Brent's 4.55% slide to $98.83/bbl on Trump-Iran peace signals eases supply risk and margin squeeze on state OMCs.

Leggi questa versione → originale

OMC stocks rise 5.8% as crude prices fall below $100, amid fourth fuel price hike in two weeks.

lunedì 25 maggio 2026·

timesofindia.indiatimes.com

Oil stocks rally today: BPCL, HPCL and IOC jump 6% as fuel price hiked for fourth time in 10 days

Shares of major Oil Marketing Companies rallied strongly on Monday, jumping up to 6%. These gains came after the government hiked fuel prices in the country for the fourth time in…

lunedì 25 maggio 2026·

theprint.in

Petrol, diesel prices hiked for 4th time in 2 weeks. This won’t be the last

Govt has attributed hikes to mounting losses suffered by public sector OMCs, which are collectively losing around Rs 750 cr a day. Oppn accuses Modi of waiting till after polls to…

lunedì 25 maggio 2026·

theprint.in

Oil companies' losses down to Rs 600 cr per day following fuel price hikes

New Delhi, May 25 (PTI) The four rounds of petrol and diesel price hike, totalling about Rs 7.5 per litre, have trimmed the losses state-owned oil firms were incurring from…

lunedì 25 maggio 2026·

newsbytesapp.com

Oil firms losing ₹600cr daily despite recent price hikes

India's state-run oil companies are incurring daily losses of Rs 600 crore despite multiple retail fuel price hikes, driven by persistently high global crude oil prices.

lunedì 25 maggio 2026·

thehindubusinessline.com

Centre loses Rs 14,000 crore after petrol, diesel excise duty cut

The Centre has forgone nearly Rs 14,000 crore in tax revenue after cutting fuel excise duty amid rising crude oil prices linked to the West Asia crisis.

lunedì 25 maggio 2026·

theprint.in

After 4 rounds of fuel price hike, oil marketing companies still ‘losing around Rs 600 cr each day’

Petroleum ministry says profits earned by oil firms last year could be wiped out within a quarter as under-recoveries still very high.

lunedì 25 maggio 2026·

economictimes.indiatimes.com

OMCs hike fuel prices, this time by ₹2.7 a litre

State-run oil marketing companies have increased petrol and diesel prices by about ₹2.7 per litre, marking the fourth hike in 11 days and pushing the total rise to around ₹7.5–8…