Oil marketing companies slip in trade on surging oil prices
Updated : May 23, 2018 11:57 AM IST
The oil marketing companies are slipping in trade as the rising fuel and oil prices have hurt investor sentiment.
The oil prices, though the prices are steady at the moment, had touched $80 per barrel recently due to a supply shortage.
Petrol price on Wednesday touched a record high of Rs 84.99 per litre and diesel climbed to its highest ever level of Rs 72.76 in Mumbai.