What happened: Petrol/diesel marketing margins are elevated (≈ ₹11.2/litre on petrol; ₹8.1/litre on diesel) thanks to softer crude since March. Why it matters: Higher marketing margins = fatter quarterly earnings for OMCs, a key profit swing factor. Action cue (beginner tip): Track crude under ~$70 and retail price changes; OMCs tend to benefit when crude stays subdued. Consider SIPs rather than lumpsum near results.

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