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OMCs stare at big losses despite recent price hikes
Oil Marketing Companies are facing substantial losses on petrol and diesel. Despite recent price increases, these companies are still losing money on every litre sold. Experts predict further price hikes are likely to avoid significant financial strain. This situation could impact the profitability and book value of major state-run oil companies. The current pricing environment suggests continued under-recoveries for OMCs.
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3 prospettive sulla stessa storiaTimeline cronologica
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theprint.in
Oil marketing firms losing Rs 650 on every LPG cylinder, Rs 30 per litre on domestic jet fuel
Govt says shipping services from East of Hormuz & Red Sea have nearly doubled since start of conflict. Despite PM's call for more use of public transport, no major change in…
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economictimes.indiatimes.com
OMCs stare at big losses despite recent price hikes
Oil Marketing Companies are facing substantial losses on petrol and diesel. Despite recent price increases, these companies are still losing money on every litre sold. Experts…
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timesofindia.indiatimes.com
LPG supply stable, but oil firms still losing nearly Rs 700 on every cylinder sold
Oil Marketing Companies (OMCs) continue to face under-recoveries of nearly Rs 700 on every domestic LPG cylinder despite a range of measures taken by the government to strengthen…