OMCs losing Rs 600-700 cr daily despite LPG price hike, diesel under-recovery at Rs 30 a litre

Oil marketing companies losing nearly 700 per domestic LPG cylinder, says government

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 refills, the government said on Sunday.