{"id":638796,"date":"2024-03-18T10:34:06","date_gmt":"2024-03-18T05:04:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=638796"},"modified":"2024-03-18T10:34:06","modified_gmt":"2024-03-18T05:04:06","slug":"small-cut-in-fuel-price-a-big-hit-to-omc-revenue-analysts","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/small-cut-in-fuel-price-a-big-hit-to-omc-revenue-analysts\/","title":{"rendered":"Small cut in fuel price a big hit to OMC revenue: Analysts"},"content":{"rendered":"<p>The price cut of Rs 2 per litre for petrol and diesel by the state-run oil marketing companies (OMCs)&#8211;Indian Oil Corp. (IOCL), Hindustan Petroleum Corp. (HPCL) and Bharat Petroleum Corp. (BPCL)&#8211;will erode their revenue and ebitda, according to analysts.<\/p>\n<p>The government had announced the price cut with effect from March 15, a day before general election dates were announced.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price cut of Rs 2 per litre for petrol and diesel by the state-run oil marketing companies (OMCs)&#8211;Indian Oil Corp. (IOCL), Hindustan Petroleum Corp. (HPCL) and Bharat Petroleum Corp. (BPCL)&#8211;will erode their revenue and ebitda, according to analysts. The government had announced the price cut with effect from March 15, a day before general election dates were announced.<\/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":[130,191,136],"tags":[],"class_list":["post-638796","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/638796","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=638796"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/638796\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=638796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=638796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=638796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}