Crude at $100: Nearly Rs 15,000-cr monthly losses for OMCs seen
- Posted on March 9, 2026
- By Financial Express
- 7 Views
Crude at $100: Nearly Rs 15,000-cr monthly losses for OMCs seen

With Brent crude crossing $100 per barrel amid West Asia tensions, IOC, BPCL and HPCL may incur heavy marketing losses unless fuel prices are raised or government support is provided.