https://www.taxtmi.com/news?id=72826 Petrol, diesel and CNG prices were raised after a prolonged freeze, while piped natural gas and domestic LPG stayed unchanged. The revision was driven by higher global crude costs and the need for state-run fuel retailers to partly pass on accumulated losses. Industry sources said the increase was calibrated and still left oil marketing companies with under-recoveries if crude prices remain elevated, with likely inflationary spillovers through transport, logistics and input costs. en-us Fri, 15 May 2026 19:31:03 +0530 Fri, 15 May 2026 19:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72826 Petrol, diesel and CNG prices were raised after a prolonged freeze, while piped natural gas and domestic LPG stayed unchanged. The revision was driven by higher global crude costs and the need for state-run fuel retailers to partly pass on accumulated losses. Industry sources said the increase was calibrated and still left oil marketing companies with under-recoveries if crude prices remain elevated, with likely inflationary spillovers through transport, logistics and input costs. News - Fri, 15 May 2026 19:31:03 +0530 https://www.taxtmi.com/news?id=72826