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The Economic Times

Economy / The Economic Times

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Oil PSUs suffer 30,000 cr under-recoveries a month

Indian oil companies face significant monthly losses on petrol, diesel, and LPG. This is due to selling fuels below international rates, which have risen sharply. While some fuel prices have increased, regular petrol and diesel prices remain unchanged. This situation is impacting the earnings of Indian Oil, HPCL, and BPCL, with their shares seeing a decline.

9 May 2026 12:24 am