Indian Oil Companies Losing Rs 700 Per LPG Cylinder Despite Stable Supply

LPG supply stable, but oil firms still losing nearly Rs 700 on every cylinder sold

Oil Marketing Companies are still facing significant under-recoveries of nearly Rs 700 per domestic LPG cylinder. Despite government efforts to boost domestic production and secure imports, this financial strain persists. Meanwhile, LPG demand has moderated due to reduced commercial use and improved delivery systems, ensuring stable supplies.

By TOI BUSINESS DESK