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State Oil Firms Face Massive Losses as Fuel Prices Remain Unchanged

India’s state-run oil companies are reportedly suffering losses of ₹700 crore to ₹1,000 crore per day as petrol, diesel and LPG prices remain unchanged despite a sharp rise in global energy prices amid the West Asia conflict. According to estimates, the losses have touched nearly ₹30,000 crore a month as public sector oil firms continue Read More…