Petrol Prices Went Up. So Why Are OMCs Still Losing Hundreds Of Crores Every Day?
Show Quick Read Key points generated by AI, verified by newsroom Fuel price hikes reduced petrol/diesel losses, but daily strain persists. Significant LPG losses continue from rising global energy costs. Ujjwala cylinder quota reduced; domestic LPG production increased. India’s state-run oil marketing companies (OMCs) may have received some relief after recent fuel price hikes, but…