LPG losses reach ₹300/cylinder, OMCs’ petrol, diesel margins turn negative; daily hit at ₹530 crore: ICRA

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OMCs are facing mounting pressure as elevated crude oil prices push petrol and diesel marketing margins into negative territory, while domestic LPG losses have reached around ₹300 per cylinder, ICRA said.

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LPG losses reach ₹300/cylinder, OMCs’ petrol, diesel margins turn negative; daily hit at ₹530 crore: ICRA

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