Wednesday, May 15, 2024
BusinessSellers margin prone to enhance on petrol, diesel for fourth consecutive time

Sellers margin prone to enhance on petrol, diesel for fourth consecutive time

—File picture

For the fourth time in a row, OMCs and sellers are anticipated to extend their margins on petrol and diesel.

In keeping with the sources, an extra enhance of 88 paise per liter of petrol and diesel has been proposed from November 1.

It has been proposed to extend the margin of oil firms as much as 47 paise per liter whereas the vendor margin on petrol and diesel has been proposed to extend by 41 paise per litre.

OMC and sellers margin has been elevated to Rs 2.64 per liter on September 16, October 1 and 16.

Sources mentioned that at current OMC margin is 7 rupees 41 paise per liter of petrol and sellers margin is eight rupees 23 paise per liter of petrol.

The OMC margin on diesel is 7 rupees 41 paise per liter whereas an additional margin of 24 paise per liter of diesel can be imposed individually.

Sources say that sellers margin of eight rupees 23 paise per liter of diesel is being charged.

- Advertisment -
Google search engine

Recent Comments