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The Economic Times

Economy / The Economic Times

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West Asia crisis drives up fuel losses for OMCs: ICRA

At crude prices of $120-125 per barrel, marketing margins are estimated at around negative Rs 14 per litre for petrol and Rs 18 per litre for diesel, according to the ratings agency. For every $1 per barrel increase in crude prices, fuel marketing losses rise by about 60 paise per litre, assuming no change in retail prices.

29 Apr 2026 11:29 pm