Wednesday, June 23, 2021

Rapid fuel price hikes boost oil companies' net marketing margins on petrol and diesel

Companies have raised fuel prices almost every alternate day since May 3 when the margin had plunged to minus 97 paise per litre. The price hike of Rs 7.1-7.5 per litre since May 3 has helped companies take their margin closer to the annual average of Rs 3.05 in 2020-21.

from Energy-Industry-Economic Times https://ift.tt/35IT0jv

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