Economic Times | Oil goes high, government gets richer: Know about the method that makes fuel costlier Economic Times Oil refiners, who make these products in India, are paid what is called a Refinerty Gate Price (RGP) based on the Trade Parity Price (TPP) which is a weighted average of the Import Parity Price (IPP) and the Export Parity Price (EPP). IPP is the price ... While high oil prices roil you, govt, oil companies are getting richer |