Oil firms selling petrol at ₹14 a litre loss, diesel at ₹18
Fast facts
- Category: Asia
- Language: EN
- Published: 2026-04-29 13:40 UTC
- Sources: The Hindu
Oil companies in India are selling petrol at a loss of ₹14 per litre and diesel at a loss of ₹18 per litre. This is due to the elevated energy prices post West Asia crisis, which has resulted in an under-recovery of ₹80,000 crore on cooking gas LPG.
Why it matters
- This update can influence the Asia agenda over the next 24-48 hours.
- It is based on 1 source, which helps cross-check key claims quickly.
- Watch follow-up statements and market/public response to assess real impact.