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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 selling fuel below cost to close to Rs 600 crore per day, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said […]

Raccontata datheprint.intimesofindia.indiatimes.comeconomictimes.indiatimes.comhindustantimes.comthehindubusinessline.commiddleeasteye.nete.vnexpress.netnewsbytesapp.com

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6 prospettive sulla stessa storia
AI · summaries
theprint.inStai leggendo1 g fa

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 selling fuel below cost to close to Rs 600…

originale

Timeline cronologica

  1. sabato 23 maggio 2026·theprint.in

    Petrol, diesel prices hiked by up to 91 paise; rates jump nearly Rs 5/litre in less than 10 days

    New Delhi, May 23 (PTI) Petrol and diesel prices were raised by 87-91 paise per litre on Saturday, taking the cumulative increase in retail fuel rates to nearly Rs 5 a litre in…

  2. sabato 23 maggio 2026·timesofindia.indiatimes.com

    Amid fuel price hikes, states urged to cut VAT

    NEW DELHI: The increase in pump prices by around Rs 5 a litre is only a dent to under-recovery given that oil companies are still losing Rs 13 a litre on petrol and Rs 38 on…

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.

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timesofindia.indiatimes.com3 g fa

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 mounting losses from selling fuels below…

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hindustantimes.com20 h fa

Petrol crosses ₹100 in Delhi after fourth fuel price hike in two weeks

Petrol and diesel have become costlier by ₹7.35 and ₹7.53 per litre, respectively, since May 15. | India News

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economictimes.indiatimes.com2 g fa

Strike three: Fuel prices hiked by 90 paise as oil remains on the boil

State-run oil companies have increased petrol and diesel prices by approximately 90 paise per litre, with CNG also seeing a ₹1 per kg hike. This follows a cumulative rise of around ₹5 per litre for petrol and diesel and…

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e.vnexpress.net1 g fa

Indian retailers raise fuel prices a fourth time to rein in losses - VnExpress International

India's state-owned fuel retailers increased diesel prices by 2.71 rupees (US$0.0283) per liter and petrol by 2.61 rupees, dealers said on ‌Monday, the fourth hike in May to recoup some losses driven by higher crude…

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  • 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…

  • domenica 24 maggio 2026·economictimes.indiatimes.com

    Strike three: Fuel prices hiked by 90 paise as oil remains on the boil

    State-run oil companies have increased petrol and diesel prices by approximately 90 paise per litre, with CNG also seeing a ₹1 per kg hike. This follows a cumulative rise of…

  • domenica 24 maggio 2026·hindustantimes.com

    ‘Hike cycle is unlikely to end soon’: Experts as petrol, diesel prices increased for third time in 10 days

    Despite three revisions, oil marketing companies are estimated to still be losing ₹8–10 per litre on petrol and diesel. | India News

  • lunedì 25 maggio 2026·economictimes.indiatimes.com

    Diesel, petrol price hike: Fuel rates increased for fourth time since Iran war began

    Petrol, diesel price hike: Fuel prices have seen another hike. Petrol and diesel rates have gone up, marking the fourth increase in under two weeks. This rise reflects global…

  • lunedì 25 maggio 2026·thehindubusinessline.com

    Petrol, diesel prices raised by ₹2.61-2.71; hikes top ₹7.5/litre within two weeks

    Petrol and diesel prices were raised by ₹2.61-2.71 per litre on Monday, marking the fourth increase in less than two weeks, as state-owned firms continued to pass on rising…

  • lunedì 25 maggio 2026·theprint.in

    Petrol, diesel prices raised by Rs 2.61-2.71; hikes top Rs 7.5/litre within two weeks

    New Delhi, May 25 (PTI) Petrol and diesel prices were raised by Rs 2.61-2.71 per litre on Monday, marking the fourth increase in less than two weeks, as state-owned firms…

  • lunedì 25 maggio 2026·timesofindia.indiatimes.com

    Petrol, diesel prices increased by Rs 7.5 in two weeks - check fuel rates in your city

    Fuel prices were increased across major Indian cities on Monday, marking the fourth hike in less than 10 days as oil marketing companies continued revising rates amid rising…

  • lunedì 25 maggio 2026·middleeasteye.net

    India raises fuel prices for fourth time in May

    India’s state-owned fuel retailers have increased petrol and diesel prices for the fourth time this month as they seek to recover losses caused by higher crude oil costs linked to…

  • lunedì 25 maggio 2026·e.vnexpress.net

    Indian retailers raise fuel prices a fourth time to rein in losses - VnExpress International

    India's state-owned fuel retailers increased diesel prices by 2.71 rupees (US$0.0283) per liter and petrol by 2.61 rupees, dealers said on ‌Monday, the fourth hike in May to…

  • lunedì 25 maggio 2026·thehindubusinessline.com

    State-owned fuel retailers losing nearly ₹600 crore daily despite price hikes

    State-owned fuel retailers in India are losing ₹600 crore daily, with government revenue impacted by ₹14,000 crore monthly due to duty cuts.

  • 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…

  • martedì 26 maggio 2026·hindustantimes.com

    Petrol crosses ₹100 in Delhi after fourth fuel price hike in two weeks

    Petrol and diesel have become costlier by ₹7.35 and ₹7.53 per litre, respectively, since May 15. | India News

  • martedì 26 maggio 2026·economictimes.indiatimes.com

    Petrol, diesel prices hiked by Rs 7.5 per litre since Iran war: Here’s how it will impact your daily life

    Fuel prices are rising again, making travel and goods more expensive. This impacts transporters, supply chains, and household budgets. Oil Marketing Companies are seeing stock…