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Q.

Oil companies currently lose Rs 512 crore per day on selling diesel, domestic LPG and kerosene. Diesel is currently sold at a loss of Rs 15.35 a litre, kerosene at Rs 32.98 per litre loss and oil firms lose Rs 479 on sale of every 14.2-kg domestic LPG cylinder..do you believe its true..please share your views?

Tags: money, litre, lpg
Asked by dharamender nebhnani, 25 May '12 12:18 pm
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Answers (4)

 
1.

The actual cost of petrol is Rs.33.15 per litre @ $90 per barrel of crude rate, the balance what ever is being levied as taxes by Central & State Govts.
Answered by veeravenkata satyanarayana, 25 May '12 02:19 pm

 
  
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2.

No way...the companies has not become navaratnas and maharatnas just like that...as on today they get a major chunk as profit...
Answered by sanjay sharma, 25 May '12 12:28 pm

 
  
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3.

I don't believe it is true.......Over head charges are too much.
Answered by anantharaman, 25 May '12 12:20 pm

 
  
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4.

There is no problem if the oil companies are making a loss and we compensate them. But in name of making good the oil company's losses, why are the central and state governments looting the masses. The people are beginning to realise this and only a government that reduces the duties and taxes will have a better chance of continuing in or coming to power.
Answered by sridhar santhanam, 25 May '12 05:16 pm

 
  
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