oil marketing companies

Fitch flags fears from fuel price freeze for OMCs

August 10, 2022August 10, 2022cpooldigitalLeave a Comment

[ad_1] ‘Prolonged State interference in auto fuels’ retail prices and losses for OMCs a negative’ ‘Prolonged State interference in auto fuels’ retail prices and losses for OMCs a negative’ Oil marketing companies’ (OMCs’) losses on account of frozen retail fuel prices and the prospect of prolonged ‘State interference’ in pricing decisions pose a negative risk […]

Domestic LPG cylinder price hiked by ₹50

May 7, 2022May 7, 2022cpooldigitalLeave a Comment

[ad_1] Households will now have to spend more on liquefied petroleum gas (LPG), as national oil marketing companies on May 7 increased the price of the 14.2-kg cylinder by ₹50. The second such revision in under two months, the increase pushes up the price of a domestic cylinder of cooking gas to more than ₹1,000 […]