Petrol Pump Owners' Profit Revealed: ₹4.39/Litre Petrol, ₹3.02/Litre Diesel Commission
N
News18•16-03-2026, 16:34
Petrol Pump Owners' Profit Revealed: ₹4.39/Litre Petrol, ₹3.02/Litre Diesel Commission
•Rumors of fuel shortage due to global tensions (US, Israel, Iran) led to panic buying and long queues at pumps in cities like Delhi, Mumbai, Chennai.
•Oil companies and government officials clarified that fuel supply in the country remains normal despite the rumors.
•Petrol pump owners earn a commission of approximately ₹4.39 per liter on petrol and ₹3.02 per liter on diesel.
•This commission, increased over time by Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum, contributes to daily earnings of ₹15,000 to ₹60,000 before expenses.
•Fuel prices are influenced by crude oil rates and central/state taxes, impacting the cost of living for common people.