ReferIndia News Govt may have to eventually decide how long OMCs can keep incurring losses: Puri

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Govt may have to eventually decide how long OMCs can keep incurring losses: Puri

Published on: May 12, 2026, 7:25 p.m. | Source: Livemint

Addressing the annual general meeting of industry lobby CII, Puri said that oil marketing companies were losing ₹1,000 crore a day due to stagnant pump prices despite a sharp rise in international crude oil and natural gas prices.

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