For the past few weeks, buying India’s Russian oil and after that, it has been very much in the news. Both America and Europe allege that India is making big money by buying cheap oil from Russia and is working to fuel Russian war. But today it will not be only about Russian oil and allegations of America and Europe. Neither will the matter be how much India buys oil from Russia and how much India earns by selling refined oil to the countries of the world.
Today, there will be talk of those government oil companies, who are earning by selling petrol and diesel to common people in the country. Do you know how much petroleum companies are earning you by selling one liter of petrol and diesel? These questions are important because at present, the price of crude oil in the international market remains less than $ 70.
On the other hand, the prices of petrol and diesel in the country are more than Rs 90 per liter. In some states, this price remains more than Rs 100 per liter. Let us also tell you how much petroleum companies of the country are earning from the common people by selling one liter of petrol and diesel in the current financial year.
How much earn on a liter of petrol and diesel?
According to a report, in the financial year 2026, there has been a tremendous increase in earnings from one liter of petrol and diesel from petroleum companies. According to the report, the oil marketing companies of the country are earning Rs 11.2 per liter on one liter of petrol. On the other hand, OMC is earning Rs 8.1 per liter on one liter diesel. The reason for this is to be below $ 70 in crude oil prices in the international market in the international market.
Petroleum companies are getting the benefit of which. In fact, even after the reduction in the prices of crude oil, the common people have not got the benefit. This means that there is no decrease in the price of petrol and diesel. The last time the price of petrol and diesel was seen to decline in the year 2024 i.e. about one and a half years ago. Then the price of petrol and diesel was cut by 2 to 3 rupees.
Crude oil price in international market
If you talk about the price of crude oil, then the price of oil in the Gulf countries in the international market remains below $ 70. According to the data, the price of Brent crude oil is trading at $ 67.10 per barrel with a decline of 0.18 per cent. In the current month, the price of Brent crude oil has seen a decline of about 7.50 percent. The price of Brent crude oil was more than $ 72 per barrel on the last trading day of last month.
On the other hand, the price of American crude oil is also seeing a decline. Currently, the price is trading at $ 63.13 per barrel with a decline of 0.19 per cent. Whereas in the current month, the price of American crude oil has come down by about 9 percent. On the last trading day of July, the price of US crude oil was more than $ 69 per barrel.
Companies may increase more
Equity analyst Bhaskar Chakraborty, Equity analyst of Jeffers, said in a media report that a marketing margin of Rs 8.1/11.2 per liter on diesel/petrol is far ahead of standard level in FY 2026. There is scope for positive changes in our/consensus estimates in FY 2026 from such increased marketing margin, even if the government increases some excise duty.
This boom in profit has come at a time when oil prices remain below $ 70 per barrel since March, and OPEC+ has increased 2.2 MBPD in supply between April-25 and September-25. According to the International Energy Agency, the calendar year 25 is estimated to increase the demand for only 0.68 MBPD, while the calendar is expected to supply a 1.5 MBPD more in the fourth quarter of the year 25.
How many petrol and diesel prices are in the country
If we talk about Delhi, the capital of the country, then the price of petrol is Rs 94.77 and diesel is Rs 87.67 per liter. On the other hand, the price of petrol in Kolkata is Rs 105.41 and diesel prices remain Rs 92.02 per liter. In Mumbai too, the price of petrol remains more than Rs 100 per liter. According to the data of IOCL, at present, the price of petrol is being seen at Rs 103.50 and diesel Rs 90.03 per liter. In Chennai, the price of petrol is being seen at Rs 100.80 and the price of diesel is Rs 92.39 per liter.