{"id":495867,"date":"2022-06-03T11:46:25","date_gmt":"2022-06-03T06:16:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=495867"},"modified":"2022-06-03T11:46:25","modified_gmt":"2022-06-03T06:16:25","slug":"oil-marketing-companies-seeking-relief-as-under-recoveries-mount-hardeep-singh-puri","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-marketing-companies-seeking-relief-as-under-recoveries-mount-hardeep-singh-puri\/","title":{"rendered":"Oil marketing companies seeking \u2018relief\u2019 as under-recoveries mount: Hardeep Singh Puri"},"content":{"rendered":"<p>Another round of fuel price increases by oil marketing companies (OMCs) may be in the offing. Minister for petroleum and natural gas Hardeep Singh Puri on Thursday said state-run fuel retailers have knocked on the doors of the government seeking \u201crelief\u201d even as he said that \u201cpricing is their decision.\u201d<\/p>\n<p>Retail fuel prices have been on hold over the last seven weeks, even though crude prices continued to remain elevated. The recent cuts in assorted taxes \u2014 in the form of additional excise duty and cesses \u2014 by the Centre have given some relief to the consumers, but the OMCs\u2019 margins continue to be under pressure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Another round of fuel price increases by oil marketing companies (OMCs) may be in the offing. Minister for petroleum and natural gas Hardeep Singh Puri on Thursday said state-run fuel retailers have knocked on the doors of the government seeking \u201crelief\u201d even as he said that \u201cpricing is their decision.\u201d Retail fuel prices have been on hold over the last seven weeks, even though crude prices continued to remain elevated. The recent cuts in assorted taxes \u2014 in the form of additional excise duty and cesses \u2014 by the Centre have given some relief to the consumers, but the OMCs\u2019 [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-495867","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/495867","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=495867"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/495867\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=495867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=495867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=495867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}