Government reports OMCs absorbing ₹550 crore daily losses amid global disruptions, urging citizens against panic-buying of fuel.

Petrol and diesel prices have risen for the fourth time in two weeks, driven by global crude oil surges and the economic fallout of the Iran war.

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…

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

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…

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…

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.

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

Find Latest News, Videos and Pictures about Petrol Diesel Prices. Explore latest updates, news, information from NewsBytes. All about Petrol Diesel Prices.

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…

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…

Oil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barrel. Despite recent price hikes,…

Government reports OMCs absorbing ₹550 crore daily losses amid global disruptions, urging citizens against panic-buying of fuel.

In recent days, petrol and diesel prices have gone up by around Rs 7.5 per litre, increasing daily costs for consumers. This has once again sparked a familiar debate, are oil…