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Crude oil relief: OMCs may break even on petrol, diesel rates soon; what it means for retail prices
Respite for oil marketing companies! State-run oil marketing companies (OMCs) could reach the break-even point on petrol and diesel sales within the next seven to 10 days if crude oil prices remain around current levels, despite continuing to report under-recoveries.
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economictimes.indiatimes.com
OMCs lost Rs 18.9/litre on diesel, ₹6 on petrol in Q1
State-run oil companies faced significant losses in the April-June quarter, losing ₹18.9 per litre on diesel and ₹6 on petrol. This downturn occurred as domestic fuel prices…
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timesofindia.indiatimes.com
Crude oil relief: OMCs may break even on petrol, diesel rates soon; what it means for retail prices
Respite for oil marketing companies! State-run oil marketing companies (OMCs) could reach the break-even point on petrol and diesel sales within the next seven to 10 days if crude…