Fuel retail margins pressured as Brent crude rises to $88.1
Indian oil marketing companies face pressure as Brent Crude rises 5.4% to $88.1 per barrel. Petrol margins fell 42.1% to ₹4.5 per litre, while diesel losses widened to ₹20.4 per litre, highlighting the impact of crude price fluctuations.
after close1 source ↓written by the desknot a recommendation
- prices rise
- 5.4%
- per barrel
- $88.1
- basket also increased
- 2.5%
- per barrel
- $81.4
- to approximately
- 42.1%
Indian oil marketing companies (OMCs) are facing challenges as Brent Crude prices rise 5.4% to $88.1 per barrel. The Indian crude basket also increased 2.5% to $81.4 per barrel.
Recent data shows that petrol marketing margins have dropped 42.1% to approximately ₹4.5 per litre, while diesel losses have widened to ₹20.4 per litre, up from ₹15.4 per litre last week. This trend underscores the volatility of retail fuel profitability linked to global crude prices.
Not investment advice. For informational purposes only.