Indian oil companies are reportedly absorbing losses of ₹550 crore per day on the sale of petrol, diesel and domestic liquefied petroleum gas (LPG, a household cooking fuel). The statement points to significant financial pressure on fuel retailers in India’s downstream energy market, where companies can face margin compression when retail fuel prices do not fully reflect input costs. No further breakdown, company-specific figures, timeframe details, or named source beyond the linked report are provided in the input.