OMCs face Rs 530 crore daily losses as crude surges

🇮🇳 Economic Times India (IN) —
OMCs face Rs 530 crore daily losses as crude surges

AI Summary

Oil marketing companies (OMCs) in India face daily losses of Rs 530 crore driven by surging crude oil prices. The rising input costs are impacting profitability and may influence fuel pricing and market dynamics in India’s energy sector.

Markets Commodities Energy India OMCs crude oil fuel prices energy sector losses

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