{"id":535089,"date":"2022-11-09T11:39:42","date_gmt":"2022-11-09T06:09:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=535089"},"modified":"2022-11-09T11:39:42","modified_gmt":"2022-11-09T06:09:42","slug":"3-psu-oil-companies-post-highest-ever-h1-loss-of-rs-21201-crore-on-fuel-price-freeze","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/3-psu-oil-companies-post-highest-ever-h1-loss-of-rs-21201-crore-on-fuel-price-freeze\/","title":{"rendered":"3 PSU oil companies post highest-ever H1 loss of Rs 21,201 crore on fuel price freeze"},"content":{"rendered":"<p>NEW DELHI: India\u2019s top three state-run oil refiner-retailers have ran up a combined loss of Rs 21,201.18 crore in the first half of the current financial year due to an informal government-mandated freeze on retail prices of petrol and diesel.<\/p>\n<p>This is the highest-ever loss posted by IndianOil, Hindustan Petroleum and Bharat Petroleum for any six-month period, including the time when the Centre set fuel prices and paid subsidy to these retailers.<\/p>\n<p>For the quarter ending September, the companies posted a combined loss of Rs 2,748 crore, marking the second consecutive quarterly loss in spite of continuing robust refining margins.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: India\u2019s top three state-run oil refiner-retailers have ran up a combined loss of Rs 21,201.18 crore in the first half of the current financial year due to an informal government-mandated freeze on retail prices of petrol and diesel. This is the highest-ever loss posted by IndianOil, Hindustan Petroleum and Bharat Petroleum for any six-month period, including the time when the Centre set fuel prices and paid subsidy to these retailers. For the quarter ending September, the companies posted a combined loss of Rs 2,748 crore, marking the second consecutive quarterly loss in spite of continuing robust refining margins.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-535089","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/535089","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=535089"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/535089\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=535089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=535089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=535089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}