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Mind the diesel retail-bulk gap - The Economic Times
High global diesel prices are impacting government-owned refiners who maintain frozen retail prices for domestic customers. Private refiners like Nayara and Reliance are benefiting from these prices thanks to their dominance in exports. The disparity in diesel prices has created an avenue for diversion between market segments. Government-owned refiners face challenges managing surging demand at fuel pumps amid high crude oil costs.
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