Thursday, March 18, 2021

Oil cos lose Rs 4 on petrol, Rs 2 on diesel

But for a 20-day pause in fuel price revision, petrol would have cost more than Rs 103 per litre in Mumbai by now and sold for about Rs 100 in many other cities. However, the reprieve for consumers have come at a cost to the state-run fuel retailers, who are suffering under-recovery of Rs 4 on a litre of petrol and Rs 2 on diesel, people involved in pricing said.

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