FUEL POLICY
ICRA estimates a large daily loss for state-run OMCs while pump prices remain unchanged.
THE NUMBER
ICRA’s estimate reflects negative marketing margins on petrol and diesel.
CRUDE COST
The Indian crude basket reached this level on 21 Sep 2026, according to ICRA.
WHO IS AFFECTED
The report is a margin warning, not confirmation of an immediate petrol or diesel hike.
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Track local pump prices, crude trends and any official retail-rate revision.
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Sources, numbers and what to watch next.
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