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Oil PSUs bleed 30000 crore monthly as fuel prices lag global rates and stocks slide
Economy
Published on 8 May 2026
Even after some hikes, petrol diesel stay frozen
Indian oil PSUs are reportedly losing about ₹30,000 crore every month on petrol, diesel and LPG as international fuel prices rise sharply. Some retail prices have been adjusted, but regular petrol and diesel rates remain unchanged, keeping under-recoveries high. Indian Oil, HPCL and BPCL face pressure on earnings, and their shares have fallen.
- Under-recoveries are hitting oil PSUs by around ₹30,000 crore monthly
- Global crude and fuel costs have climbed faster than retail prices
- Petrol and diesel remain unchanged despite partial price adjustments
- Earnings pressure is reflected in falling shares of key PSUs
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times