• 05
    Oct
    2018

    OMCs tank over 20% as they absorb petrol price cut

    Moneycontrol.comOMCs tank over 20% as they absorb petrol price cutMoneycontrol.comOil Marketing Companies (OMCs) opened 20-30 percent lower in the on October 5 as the government asked them to absorb Rs 1 per litre of the Rs 2.5 cut Finance Minister Arun Jaitley announced on October 4. Indian Oil was quoting at Rs 114.5, down 19 ...IOC, BPCL & HPCL likely to take Rs 4500-crore hit in FY19Economic TimesFuel Price cut: Govt directive to hit state-run oil firms by Rs 4500 cr this fiscalETEnergyworld.comall 45 news articles »

    Source: Moneycontrol.com | 09:41 AM

    https://www.moneycontrol.com/news/business/markets/omcs-tanks-over-20-as-they-absorb-petrol-price-cut-3015451.html

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