ETV Bharat / Oil Marketing

Oil Marketing

Oil marketing companies (OMC) are likely to reduce prices of petrol and diesel, according to government sources. The companies have almost recovered their losses and are nearing normalcy as evident by their positive quarterly results. As a result, the expectation is for the companies to lower the prices of petrol and diesel since they no longer face under-recoveries in these fuels, according to the source from the government said on Wednesday.

Petrol, diesel prices likely to be reduced by oil marketing companies: Govt source

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Diesel, petrol prices remain unchanged

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Stocks of oil marketing companies jump up to 3.6% as oil prices cool

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