Oil Marketing Companies

The oil minister said OMCs are still selling fuel refined from costlier crude bought during the West Asia conflict, while cumulative under-recoveries have climbed to about ₹2.19 trillion.

Fuel prices were unchanged today on Wednesday, 17 June. The last fuel price hike was on Monday, 25 May, when oil marketing companies (OMCs) hiked both petrol and diesel prices by more than ₹2.50/litre.

Brent and WTI edged lower after Israel and Iran paused attacks, easing immediate supply concerns and offering potential relief to oil-importing economies such as India.

Fuel prices were unchanged today on Friday, 5 June. The last fuel price hike was on Monday, 25 May, when oil marketing companies (OMCs) hiked both petrol and diesel prices by more than ₹2.50 per litre.

Fuel prices were unchanged today on Thursday, 4 June. The last fuel price hike was on Monday, 25 May, when oil marketing companies (OMCs) hiked both petrol and diesel prices by more than ₹2.50 per litre.

Fuel prices remained unchanged on Monday, 1 June. The last fuel price hike was on Monday, 25 May, when both petrol and diesel prices were increased by over ₹2.50 per litre.

With Monday’s hike of ₹2.61 per litre, petrol prices crossed the ₹100-per-litre mark in the national capital to retail at ₹102.12 per litre in Delhi, according to data from Indian Oil Corporation.

Petrol, diesel prices today, 22 May: Fuel rates across India remain steady today after prices were increased by up to 90 paise per litre on Tuesday, marking the second hike in less than a week amid elevated global crude oil prices.

Chennai Petroleum Corporation shares were the top loser in the index with a fall of 3.2%. It was followed by Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) shares which dropped more than 2.5% each.