Crude Oil Tops $100: Why Energy Expert Warns Of Severe Margin Risks For OMCs
With crude oil prices hovering past $100 per barrel globally, domestic fuel markets are feeling the pinch. Private sector fuel retailers, including Nayara Energy and Reliance-backed Jio-BP, have recently hiked petrol prices by Rs 5 per litre and diesel by Rs 3 per litre. However, public sector oil marketing companies did not announce any revision … Read more