News World
The decision to freeze retail petrol and diesel prices despite a sharp spike in crude oil prices has hurt state-run oil marketing companies (OMCs), which recorded losses for the second…
The government would provide a one-time compensation of Rs 22,000 crore to three state-owned fuel dealers to compensate them for losses experienced in the last two years by selling domestic…
By absorbing record international crude prices, Indian Oil, HPCL, and BPCL have incurred their largest quarterly losses in years. According to persons familiar with the subject, India intends to pay…