Watch | High crude oil prices: Impact on oil PSUs

BL Internet Desk | Updated on: Mar 25, 2022

The freeze on petrol and diesel price revision by oil marketing companies (OMCs) for over four months, during November 2021-March 2022, has adversely impacted revenues, with refiners IOCL, BPCL, and HPCL incurring an average daily loss of around $71 million alone in the first three weeks of March.

Here’s all you need to know.

Published on Mar 25, 2022

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