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Petrol firms suffer Rs 170-cr loss a day


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subbu
illegal article
by subbu on Sep 11, 2009 02:38 PM  | Hide replies

this is an illegal article. Rediff please dont spread rumours

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Sam
Re: illegal article
by Sam on Sep 11, 2009 02:57 PM
Now Crude is trading at $70 per barrel.

6 Months back Crude was trading below $40 a barrel and these oil companies earned 1000s of Crores of profits every day. Why rediff is not talking about that profits

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murugasamy
Re: Re: illegal article
by murugasamy on Sep 17, 2009 07:24 PM
exactly correct..at that time they r not ready to reduce the price of the petrol and diesel..for the sake they have reduced 2rs and 3rs to cheat the ppl..

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Robertclive
Revise Petrol price
by Robertclive on Sep 11, 2009 02:34 PM

Even 1 ltr water costs Rs.25 in India. Petrol should be made Rs.1000 per litre, so that these companies can save money.

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b b
Nonsense
by b b on Sep 11, 2009 02:31 PM

It is absolutely fake. How much money u got for publishing this article??????
U understand that public is not fool to believe this.

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Rajesh
GO REDIFF GO
by Rajesh on Sep 11, 2009 02:11 PM

Such news are spread to make stock markets fall.. all OIL companies will be in red after this news. REDIFF its seems has SHORT the market..

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Puneet Guglani
Why so Fusss....
by Puneet Guglani on Sep 11, 2009 02:11 PM  | Hide replies

I dont understand... why such kind of news comes when crude goes above $70 per barrel. Why dont u people publish news at the time when crude trades arround $67-$68... and oil maketing campanies making comments that we are making XXX crores of profit every day on selling of petrol.



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rohit sathu
Re: Why so Fusss....
by rohit sathu on Sep 11, 2009 02:33 PM
I agree with Puneet. All hue and cry is when price rises but when price goes down they are not bothered to lower the price. After all our great politicians get lots of share...

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Mohan Kumar
Re: bogus
by Mohan Kumar on Sep 11, 2009 02:32 PM
well said...these guys are just lying.
The crude prices have halved...yet how did they reduce...5-6Rupees.

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rohit sathu
Re: Re: bogus
by rohit sathu on Sep 11, 2009 03:43 PM
They are all Oportunist, sponsored articles are used to create sympathy so that politicians can fill their pockets. When will this end????

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tamilrocks
Re: bogus
by tamilrocks on Sep 11, 2009 06:37 PM
true...this is just to justify the increase in price for Ambani brothers

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Rajesh
WHATS NEWS HERE
by Rajesh on Sep 11, 2009 01:57 PM  | Hide replies

We all know that these companies are making losses... thats the reason they are called PSUs (PUBLIC SERVICE UNDERTAKING) if they make profits they shall no longer termed as PSU instead they will be called Public Loot Undertaking.

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rupesh panwar
Re: WHATS NEWS HERE
by rupesh panwar on Sep 11, 2009 02:07 PM
no one calculate how much common people lose every day when they sold oil at over price about 5-6 months

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