Former Union minister and Chandigarh MP Manish Tewari has questioned the repeated increase in petrol and diesel prices, citing strong profits made by state-run oil marketing companies (OMCs).
In a post on X, Tewari said state-run OMCs made a cumulative profit of Rs 77,280.65 crore in financial year 2025 -26, a 130 per cent jump over 2024-25.
He further said that even in the fourth quarter (January-March 2026), when Israel and US struck Iran, the three OMCs posted profits of Rs 19,470 crore, a 40 per cent increase over the same period last year.
He further asked, “When these OMCs have made super profits, why is the price of petrol and diesel being increased every day in a creeping manner?”
Petrol in Chandigarh today is priced at Rs 98.12 per litre and diesel at Rs 86.09 per litre, while in Delhi, it is Rs 102.12 and Rs 95.20 respectively.
