💨 Abstract

Oil marketing companies in India, such as Indian Oil, Hindustan Petroleum, and Bharat Petroleum, are making significant profits of Rs 15/litre on petrol and Rs 12/litre on diesel due to a decrease in crude prices. The retail selling price of these fuels has remained unchanged since March 2024. Experts suggest that the companies have room to pass these profits to consumers by reducing fuel prices.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖