{"id":382375,"date":"2020-11-05T08:46:51","date_gmt":"2020-11-05T03:16:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=382375"},"modified":"2020-11-05T09:07:52","modified_gmt":"2020-11-05T03:37:52","slug":"no-relief-for-consumers-on-fuel-prices-while-oil-cos-jack-up-margins-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/no-relief-for-consumers-on-fuel-prices-while-oil-cos-jack-up-margins-2\/","title":{"rendered":"No relief for consumers on fuel prices while oil cos jack up margins"},"content":{"rendered":"<p>Even as consumers continue to pay higher prices auto fuels petrol and diesel, country&#8217;s biggest oil marketing companies are expected to reap in higher margins on sale of the two products substantially improving their profitability. <\/p>\n<p>As per oil sector analysts, at current retail price of petrol and diesel, OMCs are making a net marketing margin of Rs 4.78 per litre, much higher than levels prevailing in previous months. What more, the companies are making money on sale of petrol and diesel while keeping the retail price of the two products unchanged for over a month now, denying consumers of price cuts on fuel prices during the current difficult period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even as consumers continue to pay higher prices auto fuels petrol and diesel, country&#8217;s biggest oil marketing companies are expected to reap in higher margins on sale of the two products substantially improving their profitability. As per oil sector analysts, at current retail price of petrol and diesel, OMCs are making a net marketing margin of Rs 4.78 per litre, much higher than levels prevailing in previous months. What more, the companies are making money on sale of petrol and diesel while keeping the retail price of the two products unchanged for over a month now, denying consumers of price [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-382375","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/382375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=382375"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/382375\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=382375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=382375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=382375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}