There  are few Oil companies are working in India  like  Indian Oil ,Assam Oil, Bharat Petrolium,Hindustan Petroleum  etc but their is no competitor from private sector, Reliance entered in oil market but after few months their petrol pumps closed down due to faliure.

so ultimetely the Goverment Undertaking has a monopoly in Oil sector.

The problem arised whenever Oil companies decide to increse Price of Oil the goverment gives permission for that, they do not even think the effect of increasing  the Oil price ultimetly Leads the MAHGAYEE FOR  common people,every product or commodity RATES and the  cost of leaving FOR  Indains.

This ACCEPTANCE  of goverment is nothing but Oil to  Oil  companies. This Oil comapnies earns Maximum profit every year and this profit increases  in thier Books of Accounts.

As these comapnies are Goverment Undertaking or pure Goverments companies this  profit margin comes again to Goverment Accounts only.

Secondly the SUBSIDIES which was given by goverment to these oil companies in past years has been minimised or stopped which effets the increse on the   price of LPG gas, Diesel and Kerosene Oil which is used by Common pubic  for domestic use or commercial and industial use in india.

Our neighbour countries like pakistan and Bengladesh has lower price than India.

When ever the price of Petrol increases, the reason given by Goverment is the International market but the truth is not the International market but the Goverment itself.

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