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Industry & Economy
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Petroleum
Wait and watch
— P.V. Sivakumar
Fuel price hike: Expecting a hike in petro products, oil companies did not replenish stocks like this IndianOil bunk at Panjagutta, which displays a ‘No Stock’ board in Hyderabad on Friday. The Petroleum Ministry on Friday said an amount of Rs 2,00,000 crore under-realisation was expected by public sector oil companies this year on sale of petrol, diesel, LPG and kerosene due to the surge in global crude prices.
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