IOC sees domestic LPG under-recovery easing to Rs250 a cylinder if Saudi prices stay soft
Indian Oil expects average domestic LPG under-recovery to fall to about Rs250 per cylinder this quarter, from Rs475–490 in July, if Saudi LPG contract prices hold. BPCL and HPCL are also seeing easing losses, though sizeable uncompensated buffers remain.
IOC expects domestic LPG under-recoveries to nearly halve to about Rs 250 per cylinder this quarter if Saudi contract prices remain soft. BPCL and HPCL also reported easing July losses, though all three OMCs retain substantial uncompensated LPG loss buffers.
Why this matters
No related recent Indian Oil signals are listed; the update points to easing domestic LPG under-recoveries across IOC, BPCL and HPCL.
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