"Why are petrol, diesel prices rising in creeping manner despite OMC's super profits?" asks Manish Tewari, slams fourth hike
New Delhi, May 25 -- Congress MP Manish Tewari on Monday questioned the rationale behind repeated fuel price hikes across the country, even as he cited strong profit growth reported by state-run oil marketing companies (OMCs).
In a post shared on X, Tewari asked Union Petroleum Minister Hardeep Singh Puri why petrol and diesel prices were being increased in a "creeping manner" despite what he described as "whopping profits" earned by public sector oil companies.
Citing financial figures, Tewari claimed that the three state-run OMCs collectively posted profits of Rs 77,280.65 crore in FY 2025-26, marking a 130 per cent jump compared to the previous financial year. He further said that even in the fourth quarter (January-March 2026), duri...
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