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The Economic Times

Economy / The Economic Times

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OMCs push for increase in LPG, petrol, diesel, ATF prices as losses mount

Oil prices are soaring, pushing the government to consider raising fuel costs. State-run companies are facing significant losses due to the sharp increase in crude oil. While elections are over, a decision on price hikes remains pending. Consumers have seen stable prices so far, but this situation may not last.

1 May 2026 5:30 am