India's oil-marketing companies face ₹30/litre under-recovery on diesel and ₹6/litre on petrol, incurring daily losses of ₹600-₹700 crore.

NEW DELHI: Oil marketing companies are still incurring an under-recovery of nearly Rs 700 on every domestic LPG cylinder despite the Rs 29 increase in the price of cooking gas…

Difficult to assess any substantial impact of price hike as Saudi Contract Price benchmark for LPG continues to remain elevated due to strong demand, says a senior official.