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Petrol Diesel Rates Hold Steady Today as OMCs Face Rs 30000 Crore Monthly Losses Next Move Looms

Economy
Published on 10 May 2026
Petrol Diesel Rates Hold Steady Today as OMCs Face Rs 30000 Crore Monthly Losses Next Move Looms

Steady prices today, but losses could force hikes soon

Petrol and diesel prices stayed unchanged across India on May 10 despite oil marketing companies racking up losses of around Rs 30,000 crore per month as global crude costs rise. With sources warning that further increases may be on the way in the coming days, commuters may soon see fuel rates move after this brief pause.

  • Petrol and diesel prices were steady on May 10
  • OMCs are reportedly losing about Rs 30,000 crore monthly
  • Global crude rate pressure continues to build
  • Sources warn fuel prices could rise soon
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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