State oil companies’ fuel marketing margin rises 114% since last quarter
State oil companies’ marketing margin on petrol and diesel has more than doubled from the last quarter as domestic fuel prices have barely followed the sharp decline in global rates this month.
Net marketing margin on auto fuel has surged to ₹3.08 per litre in the second quarter so far, up 114% from ₹1.43 per litre in the April-June period, as per brokerage ICICI Securities.
