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OMCs Face Losses Despite LPG Price Hike — India Verified

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Business
OMCs Face Losses Despite LPG Price Hike

Business7 June 2026 at 10:42 amQuick read

OMCs Face Losses Despite LPG Price Hike

Credibility score70 / 100

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2sources verified

State-run oil companies face losses of Rs 700 per LPG cylinder. A recent Rs 29 price hike has not covered the losses. Global energy prices are a factor.

AI Credibility Analysis

The score falls in the 70-89 band as it is based on a single named source, DNA Business, with some specific data, but lacks multiple authoritative sources and official statements.

Original Sources

DNA India
Indianexpress

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OMCs Face Losses Despite LPG Price Hike

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