A not so happy news for consumers on the petrol and diesel prices front. The prices of petrol are expected to go up further by Rs 2-3 soon while that of diesel to Rs 1-2. While this will certainly have an impact on the pockets of the common man, oil marketing companies like Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) are expected to gain. Zee Business’ Chetan Bhutani brings this exclusive report.
Citing his top government sources, Bhutani said that the prices of petrol and diesel could increase further in the immediate term. While this could hit consumers, all the three OMCs will likely benefit from it, he said.
NEW DELHI: Saudi Arabia on Sunday shipped 60 tons of oxygen to India, a month after it sent 80 tons to help the South Asian nation deal with a deadly second wave of coronavirus. The outbreak has claimed the lives of more than 300,000 people so far, primarily due to an oxygen shortage and a lack of hospital beds. On Sunday, India registered more than 165,000 new COVID-19 cases
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Offering on-site delivery of diesel for industrial purposes, a city-based retailer of Indian Oil Corporation Limited (IOCL) has introduced a mobile fuel pump as a start-up venture for urban customers.