Branch² Intelligence
Petrol, Diesel Prices On July 14: Check New Fuel Rates In Mumbai, Bengaluru, Chennai, Kolkata And More
Key takeaway
Indian OMCs keep petrol/diesel prices unchanged despite global crude volatility, absorbing margin pressure.
- Step 1Indian OMCs hold petrol/diesel prices steady despite global crude volatility, absorbing margin pressure
- Step 2Indian SMEs using diesel for transport or generators see stable input costs in the near term
- Step 3OMCs' deferred margin recovery may lead to a sharper price hike later if crude remains elevated, hitting SME costs then
Source: IN:NDTV Profit
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