OMCs to pay discounted rates to refiners amid fuel price freeze
In a primary since fuel price deregulation, state-run oil advertising firms (OMCs) will pay refineries a discounted price for petrol, diesel, aviation turbine fuel (ATF) and kerosene to restrict mounting losses from a self-imposed freeze on retail fuel costs, sources mentioned. The OMCs on March 26 fastened rates for petroleum merchandise which might be at […]
