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Jefferies Flags Heavy Losses For Oil Retailers: Rs 21/Litre On Petrol, Rs 28/Litre On Diesel

Jefferies Flags Heavy Losses For Oil Retailers: Rs 21/Litre On Petrol, Rs 28/Litre On Diesel

The report notes that despite recent government measures, including excise duty cuts, state-run oil marketing companies (OMCs) continue to face mounting pricing pressure.

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