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Oil Marketing Companies News
Oil Marketing Companies
ATF Price Cut: Jet fuel prices cut by THIS MUCH from Dec 1 --Check Details Here
Thu, Dec 01, 2022
There is a piece of relief for airlines as Oil Marketing Companies have slashed the ATF prices. Indian Oil Corporation released revised rates on December 1.
ATF Price cut: Air travel to become cheaper? Jet fuel prices cut by THIS MUCH
Thu, Dec 01, 2022
ATF Price cut: The new rates will be applicable from today, 1 December (Thursday).
Oil & Gas Q2 Review: Weak margins and higher input costs sink July-September quarter earnings – what should investors do?
Wed, Nov 23, 2022
Oil & Gas Q2 Review, Upstream Companies, City Gas Distributors, Oil Marketing Companies, Gas Utilities: Similarly, Upstream companies such as ONGC and Oil India reported healthy earnings in Q2, with limited gains despite the windfall tax impact on oil realisation.
Ethanol Price Hike: Ethanol used for blending in petrol becomes more expensive – check new rates here
Wed, Nov 02, 2022
The government has been implementing Ethanol Blended Petrol (EBP) Programme wherein OMCs sell petrol blended with ethanol up to 10 per cent.
Modi Government approves one time grant of Rs 22000 cr to state-run OMCs; IOC, BPCL, HPCL to benefit
Wed, Oct 12, 2022
Narendra Modi Government has approved a onetime grant of Rs 22000 cr to public sector oil marketing companies (OMCs), Anurag Thakur, Minister of Information and Broadcasting said in a media briefing on Wednesday
Big news for public sector Oil Marketing Companies: Cabinet approval of Rs 22,000 crore likely | Exclusive
Wed, Oct 12, 2022
Big news for public sector Oil Marketing Companies: The allocation will be a big bonanza for the oil marketing companies like Indian Oil Corporation Ltd. (IOCL), Hindustan Petroleum Corporation Ltd. (HPCL) and Bharat Petroleum Corporation Ltd. (BPCL).
LPG Price Hike: Domestic LPG cylinder price hiked by Rs 50; Check new rates in Delhi, Mumbai, Kolkata, Chennai
Wed, Jul 06, 2022
LPG Price Hike: OMCs on Tuesday increased the price of domestic LPG cylinders in the country. On the morning of July 6, companies have increased the price of cylinders by Rs 50 and now the price of gas cylinders in Delhi has been increased to Rs 1053.
Oil market companies - BPCL and IOCL clarify no shortage of fuel and assure adequate supply available
Wed, Jun 15, 2022
BPCL tweeted, “We assure everyone that there is adequate product availability at all our Fuel Stations, across our network. Therefore, there is no need to panic.”
Oil marketing companies' stocks slip up to 5% intraday on higher crude oil price, dollar index – BPCL, HPCL each hit 52-week lows
Tue, Jun 14, 2022
The decline is mainly on the two factors, higher crude oil prices and the dollar index hitting a 4-week high of 105 levels on Monday.
Diesel, petrol prices: OMCs keep fuel prices steady on Tuesday
Tue, Dec 14, 2021
Oil marketing companies have kept prices of diesel and petrol unchanged across major Indian cities on Tuesday.
Oil marketing companies continue to hold petrol, diesel prices
Sun, Nov 15, 2020
Retail prices of the two fuels have been unchanged despite recent increase in crude oil prices.
Oil marketing companies hold fuel prices, diesel price same for 9th day
Sun, Aug 09, 2020
Petrol prices have not changed for over 40 days now in the country.
Exclusive: There will be no issue with supply of diesel, petrol or LPG, HPCL CMD says
Thu, Apr 02, 2020
Consumption of LPG has incresed since the announcement of the 21-day nationwide lockdown, S.K. Surana CMD at HPCL told Zee Business Managing Editor Anil Singhvi in an exclusive interview; lockdown has affected consumption of petroleum products like diesel and petrol and it was only natural since the movement of vehicles have been restricted, he said
Indian Oil’s CapEx for FY20 is Rs 25,000 crore: Sanjiv Singh, Chairman
Thu, Aug 29, 2019
Indian Oil has a CapEx of around Rs 25,000 crore for this year and we are confident that the targets will be met by the end of the year, says Sanjiv Singh, Chairman, Indian Oil, in a candid chat with Zee Business.
Ahead of general elections 2019, Modi govt allows OMCs to open over 55,000 new fuel stations
Mon, Nov 26, 2018
The move will boost employment generation by thousands and an investment of thousands of crores of rupees.
Good news! Motilal Oswal says India Inc earnings set to zoom
Mon, Oct 08, 2018
Motilal Oswal, chairman and managing director, Motilal Oswal Financial Services, feels India Inc’s earnings estimates are quite positive and the corporates will build upon the positive trend in the second quarter of the current fiscal.
Petrol, diesel price hikes: IOC, BPCL, HPCL shares tank on these reports
Tue, May 22, 2018
IOC dipped 5 per cent to Rs 160.85 since May 13, the day the company hiked fuel prices first time after a 19-day hiatus since April 24. BPCL and HPCL dropped 2.59 per cent and 4.6 per cent to Rs 389 and Rs 303.45, respectively during the same period.
Oil on fire: IOC, HPCL, BPCL share prices hit fresh 52-week lows as Brent crude tops $74
Thu, Apr 19, 2018
IOC, BPCL and HPCL share prices are showing weakness on the technical charts. Ruchit Jain, Equity Technical Analyst, Angel Broking expects time-wise and price-wise correction on these stocks.
Here is why oil marketing companies plunged in today's trade
Wed, Apr 11, 2018
HPCL, BPCL and IOC share prices slumped up to 8 per cent on Wednesday on reports that govt will ask them to absorb price hike on account of rising global crude prices.
Will Budget FY19's excise duty cut reduce petrol, diesel prices?
Fri, Feb 02, 2018
With this reduction, the FM said the government will bear the revenue loss of Rs 13,000 crore in the remaining part of FY18.