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Indian Refiners Cut LPG Losses in August
The biggest Indian state-controlled refiners that have been selling liquefied petroleum gas (LPG) on the retail market have seen their losses on these sales narrow so far in August, an Indian energy ministry official said on Monday.
AI Summary
Indian state‑controlled refiners Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum have narrowed their losses on retail LPG sales in August. The losses have shrunk nearly threefold compared with July, according to a written reply by junior oil minister Suresh Gopi to Parliament. The statement was reported by Reuters.
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