Worst may be behind for Indian oil marketing companies: Fitch

Nov 14, 2022

Retail losses from auto fuel prices that have been frozen for around six months amid elevated crude oil prices kept their profitability under pressure...

Oil companies making loss of Rs 24/litre on petrol, Rs 104 on diesel as crude above USD 100; Govt holds pump prices steady

Apr 02, 2026

Oil marketing companies (OMCs) in India are currently incurring significant losses on fuel sales as global crude oil prices surge amid the ongoing West...

Pakistan hikes petroleum levy on petrol, diesel; keeps retail prices unchanged

Jun 28, 2026

The Pakistan government on Saturday increased the petroleum levy on petrol and high-speed diesel (HSD) while leaving retail fuel prices unchanged for another week,...

Rise in fuel prices pushed up cost of veggies, fruits in Delhi: Traders

Oct 25, 2021

New Delhi [India], October 25 : Prices of vegetables and fruits in Delhi's wholesale and retail markets have gone up as surging fuel prices...

No direct impact of oil price hike on India's fiscal situation: SBI Report

May 18, 2026

The retail fuel price hike of Rs 3 per litre is implemented to reduce the losses incurred by oil marketing companies (OMCs) due to...

Elevated crude prices squeeze OMCs' retail fuel margins despite strong refining gains: Report

Jul 20, 2026

Rising global crude oil prices have sharply eroded the retail fuel marketing margins of India's oil marketing companies (OMCs), even as a strong surge...