Petrol under-recovery at Rs 13, diesel Rs 24; Reliance-BP says operations unsustainable - Economic Times

Despite a surge in oil prices, state-owned Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL) first froze petrol and diesel rates for a record 137 days beginning early November 2021 when five s…

RBML - the joint venture of and supermajor BP - has told the government that fuel retailing for the private sector in India has become unsustainable after market-controlling public sector firms frequ… [+5257 chars]

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