Price petro-products on trade-parity basis?

  • 21 February 2006
  • The Economic Times

The inability of oil marketing companies (OMCs) to pass on the burden of increasing international oil prices to domestic consumers has resulted in their profit levels eroding from nearly Rs 11,000 crore in 2003-04 to a negative of nearly Rs 3,000 crore in the first nine months of 2005-06. Full Text