RTP Explained: Why Government Rejected Cap & Its Impact on Petrol-Diesel Prices

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Govt refuses to cap RTP: What it means for fuel prices & oil companies

आरटीपी वह दर होती है जिस पर रिफाइनरियां अपनी मार्केटिंग इकाइयों को तेल बेचती हैं.

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News18•17-03-2026, 10:46

Govt refuses to cap RTP: What it means for fuel prices & oil companies

•Government refused to cap Refinery Transfer Price (RTP) despite rising crude oil prices.
•Petroleum Ministry Joint Secretary Sujata Sharma confirmed the decision, assuring no fuel shortage in the country.
•RTP is the rate refineries sell oil to marketing units; capping it stabilizes consumer prices but affects refining margins.
•No RTP cap ensures refinery profitability but increases burden on oil marketing companies like IOC, BPCL, HPCL.
•Crude oil supply is sufficient, refineries operate at full capacity, and no fuel shortage is reported nationwide.

Read Full Article on News18 in Hindi

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