Tag: Petrol Diesel OMCs OilMarketingCompanies FuelPrices Profitability Report EnergySector OilIndustry CostReduction
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“Report Suggests Potential Decrease in Petrol and Diesel Prices as Oil Marketing Companies Turn Profitable”
Unlike the significant losses experienced previously, which reached ₹17 per liter for petrol and ₹35 per liter for diesel in 2022, oil marketing companies (OMCs) are presently recording profits of ₹8-10 per liter for petrol and ₹3-4 per liter for diesel. Anticipated reduction in petrol and diesel rates in the nation after a prolonged period…