New Delhi: The fall in international crude oil prices has put Indian fuel distributor companies in a position to cover their costs in petrol and cooking gas (LPG), although they still suffer losses on diesel sales. Have to lift In fact, Arun Kumar Singh, Chairman and Managing Director of Bharat Petroleum Corporation Limited (BPCL), the country's second largest petroleum company, has recently given a statement.

In this, he said, 'Due to the continuous volatility in the international crude oil prices in the last four-five months, the public sector petroleum companies did not make any changes in the prices of petrol and diesel.' Apart from this, he said, prices were fluctuating up to five-seven dollars per barrel in a day. In such a volatile situation, we could not pass on the burden to the consumers. No distributor can bear the burden of such fluctuations. Let us tell you that there is no increase or decrease in the prices of petrol and diesel for a long time and today the prices are stable again.

On the other hand, apart from BPCL, other public sector petroleum companies Indian Oil and HPCL also did not change the retail price of petrol and diesel for about five months. The BPCL chief said, ''In such a situation, we have decided to bear some loss on our own.'' At that time we also had the hope that we would make up for this loss in the future.

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