An independent newsroom of one. Every story is cross-referenced across multiple trusted Indian publications, scored, and rewritten without ads, bias, or noise.

News

Politics
Business
Sports
Technology
World
Entertainment

About

How verification works
Saved stories

Legal

Privacy Policy
Terms of Use
Corrections Policy
Contact & Tips

Transparency

No advertising or sponsored content
Every claim links back to its sources
Open-source under the MIT licence
AI cross-verifies before publishing

Built in IndiaDesigned & engineered by Roshhellwett, with the help of Claude & other tools.

Home

Swipe

Saved

Petrol, diesel price hike cuts OMCs’ daily losses — India Verified

Back to all news

Business
Petrol, diesel price hike cuts OMCs’ daily losses

Business18 May 2026 at 06:39 pmQuick read

Petrol, diesel price hike cuts OMCs’ daily losses

Credibility score80 / 100

LowModerateHigh

2sources verified

The price hike reduced OMCs' losses. Daily loss is now Rs 750 crore. The hike cut losses by a fourth.

AI Credibility Analysis

The score falls in the 70-89 band as it cites specific data on daily losses, although only one source is provided with some named officials and factual details.

Original Sources

Indianexpress
Times of India

How this story was built

Cross-Referenced

2 Sources

Unbiased AI

⚡

Auto-Published

Petrol, diesel price hike cuts OMCs’ daily losses

How this story was built

Related stories

India's inflation rises to 3.5% in April 2026

Oil Markets Face Stress

India blocks China's WTO dispute panel request