Govt-owned fuel retailers lose Rs 5 per litre on petrol as oil tops $100 per barrel

Fuel retailers are experiencing substantial losses per litre on petrol and diesel, as international crude oil prices have recently surpassed one hundred dollars a barrel. India relies on imports for over eighty-eight percent of its crude oil consumption. Despite these soaring prices, retail rates for petrol and diesel have remained stagnant for over three months.

This story was originally reported by Times of India — Top Stories. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.