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Oil marketing companies continue to hold petrol and diesel price hike

The rise in crude oil prices may dent marketing margins if not passed on, however, some say OMCs may have a cushion to absorb

Topics
OMCs | petrol | diesel

Amritha Pillay  |  Mumbai 



petrol, diesel, fuel, prices, economy, tax, revenue, gdp, growth, collection, cash
Petrol and diesel marketing margins will contract if crude prices are not passed on to the retail consumer

State-run oil marketing companies (OMCs) have not changed and prices for a week now while crude oil touched $50 a barrel last week, a first since March.

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First Published: Mon, December 14 2020. 23:54 IST

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