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'Oil companies are losing Rs 1,000 crore every day': Petroleum Minister Hardeep Singh Puri hints oil price hike is imminent
INDIA

‘Oil companies are losing Rs 1,000 crore every day’: Petroleum Minister Hardeep Singh Puri hints oil price hike is imminent

WEB DESK TEAM By WEB DESK TEAM
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May 13, 2026
2 Min Read

New Delhi: Public sector oil marketing companies may not be able to sustain losses of Rs 1,000 crore per day from selling petrol and diesel below market prices, Petroleum Minister Hardeep Singh Puri said on Tuesday, a strong indication that petrol prices…