Domestic LPG under-recoveries stood at around Rs 300 per cylinder in September 2026. Together, these losses are costing OMCs an estimated Rs 530 crore a day
US crude rose 1.27 per cent to $102.68 a barrel, while Brent crude gained 1.21 per cent to $106.96 amid renewed concerns over oil supplies from the Middle East
Proposal is under review by the petroleum ministry and will require finance ministry and Union Cabinet approval before implementation
