{"id":110119,"date":"2026-05-17T02:36:01","date_gmt":"2026-05-17T02:36:01","guid":{"rendered":"https:\/\/newsfortnite.com\/index.php\/2026\/05\/17\/fuel-price-hike-can-centre-shield-omcs-with-rs-3-cushion-or-will-rupee-flip-the-script\/"},"modified":"2026-05-17T02:36:01","modified_gmt":"2026-05-17T02:36:01","slug":"fuel-price-hike-can-centre-shield-omcs-with-rs-3-cushion-or-will-rupee-flip-the-script","status":"publish","type":"post","link":"https:\/\/newsfortnite.com\/index.php\/2026\/05\/17\/fuel-price-hike-can-centre-shield-omcs-with-rs-3-cushion-or-will-rupee-flip-the-script\/","title":{"rendered":"Fuel price hike: Can Centre shield OMCs with Rs 3 cushion, or will rupee flip the script?"},"content":{"rendered":"<p>The government increased fuel prices by Rs 3 per litre to support oil marketing companies facing losses due to high global crude oil prices and a weakening rupee. However, further rupee depreciation could negate these gains, with companies incurring significant daily losses. The price hike offers limited relief, covering only a fraction of projected losses.<\/p>","protected":false},"excerpt":{"rendered":"<p>The government increased fuel prices by Rs 3 per litre to support oil marketing companies facing losses due to high global crude oil prices and a weakening rupee. However, further rupee depreciation could negate these gains, with companies incurring significant daily losses. The price hike offers limited relief, covering only a fraction of projected losses.<\/p>\n","protected":false},"author":0,"featured_media":110120,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/110119"}],"collection":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/comments?post=110119"}],"version-history":[{"count":0,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/110119\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media\/110120"}],"wp:attachment":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media?parent=110119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/categories?post=110119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/tags?post=110119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}