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Fuel Prices Are Up, But It Still Won't Cover Oil Firms' Losses. Here's Why
Petroleum Minister Hardeep Singh Puri had said OMC under-recoveries were around Rs 1,000 crore a day.
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"Will Impact Poor, Middle Class": Vijay Slams Centre Over Fuel Price Hike
Vijay took on the oil companies, underscoring that they do not reduce fuel prices when crude oil prices fall in the international market but continue to make huge profits.
-
Fuel Up Rs 3: Why Petrol, Diesel Prices Rose After Weeks Of Centre Holding The Line
Petrol, Diesel Price Today: The ongoing conflict in Iran disturbed global oil supply. The Rs 3 increase does not fully cover the losses.
-
Investors Turn To Defence And Energy Stocks As Iran War Resets Markets
Traders have become more enamored with old-economy companies, which do things like transport goods and provide raw inputs.
-
US-Iran Ceasefire Helps Indian Markets Recover 65% Of Losses Since War
Stock Markets Rally: Investors added Rs 15 lakh crore in the total market capitalisation of all BSE Sensex companies in just an hour.
-
Delhi Bans LPG Cylinder Sales From Godowns, 17 Raids Conducted Across City
Delhi has barred the sale of LPG cylinders directly from godowns, with authorities warning of strict action as enforcement intensifies across the city.
-
Russia To Earn $760 Million As Iran War Rattles Global Oil Markets: Report
Iran War Impact: Russia stands to gain at least $760 million in additional gains from crude oil sale.
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How Much Crude Oil Reserve Does India Have? What Union Minister Said
India's SPRs - underground facilities in Andhra Pradesh and Karnataka - can store of 5.33 million tonnes and, assuming capacity at 100 per cent, these should provide cover for 9.5 days during disruptions like the Iran war.
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'Indirect Yet Palpable': Iran War's Impact On Real Estate In Mumbai
Iran War Impact: Mumbai's real estate sector has started witnessing a drop in demand from global companies for office spaces.
-
Iraq Restarts Oil Exports Via Turkey Amid Strait Of Hormuz Disruptions
Iraq announced on Wednesday it had resumed limited oil exports of 250,000 bpd through the Turkish port of Ceyhan after the country's output plunged due to disruptions in the Strait of Hormuz.
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Investors Lose Rs 5.87 Trillion In A Day As Markets Tumble. Here's Why
Stock Market Crash: The total market capitalisation of companies listed on the Bombay Stock Exchange fell to about Rs 433.85 trillion from Rs 439.72 trillion at Thursday's close.
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Missiles Fly In Iran But Indian Markets Rally? History Tells A Surprising Story
Sectorally, oil marketing companies, aviation and logistics may feel near-term pain. Rate-sensitive segments such as banks and discretionary consumption could wobble if elevated oil delays rate cuts.
-
Venezuela Has World's Largest Oil Reserve. How US Action Affects Markets
It's about oil, US President Donald Trump said quite frankly a day after US special forces captured Venezuelan President Nicolas Maduro and wife Cilia Flores from Caracas in a swift nighttime raid.
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From IOC to Moneyboxx, These Stocks Will Trigger Key Payouts and Splits Next Week
Canara Robeco Asset Management Company will meet on December 16 to consider declaring an interim dividend.
-
Commercial LPG Cylinder Prices Reduced Across Metro Cities. Check Rates Here
State-run oil marketing companies have reduced commercial LPG cylinder prices across metros, offering a slight relief to businesses, starting from Saturday.
-
Fuel Prices Are Up, But It Still Won't Cover Oil Firms' Losses. Here's Why
Petroleum Minister Hardeep Singh Puri had said OMC under-recoveries were around Rs 1,000 crore a day.
-
"Will Impact Poor, Middle Class": Vijay Slams Centre Over Fuel Price Hike
Vijay took on the oil companies, underscoring that they do not reduce fuel prices when crude oil prices fall in the international market but continue to make huge profits.
-
Fuel Up Rs 3: Why Petrol, Diesel Prices Rose After Weeks Of Centre Holding The Line
Petrol, Diesel Price Today: The ongoing conflict in Iran disturbed global oil supply. The Rs 3 increase does not fully cover the losses.
-
Investors Turn To Defence And Energy Stocks As Iran War Resets Markets
Traders have become more enamored with old-economy companies, which do things like transport goods and provide raw inputs.
-
US-Iran Ceasefire Helps Indian Markets Recover 65% Of Losses Since War
Stock Markets Rally: Investors added Rs 15 lakh crore in the total market capitalisation of all BSE Sensex companies in just an hour.
-
Delhi Bans LPG Cylinder Sales From Godowns, 17 Raids Conducted Across City
Delhi has barred the sale of LPG cylinders directly from godowns, with authorities warning of strict action as enforcement intensifies across the city.
-
Russia To Earn $760 Million As Iran War Rattles Global Oil Markets: Report
Iran War Impact: Russia stands to gain at least $760 million in additional gains from crude oil sale.
-
How Much Crude Oil Reserve Does India Have? What Union Minister Said
India's SPRs - underground facilities in Andhra Pradesh and Karnataka - can store of 5.33 million tonnes and, assuming capacity at 100 per cent, these should provide cover for 9.5 days during disruptions like the Iran war.
-
'Indirect Yet Palpable': Iran War's Impact On Real Estate In Mumbai
Iran War Impact: Mumbai's real estate sector has started witnessing a drop in demand from global companies for office spaces.
-
Iraq Restarts Oil Exports Via Turkey Amid Strait Of Hormuz Disruptions
Iraq announced on Wednesday it had resumed limited oil exports of 250,000 bpd through the Turkish port of Ceyhan after the country's output plunged due to disruptions in the Strait of Hormuz.
-
Investors Lose Rs 5.87 Trillion In A Day As Markets Tumble. Here's Why
Stock Market Crash: The total market capitalisation of companies listed on the Bombay Stock Exchange fell to about Rs 433.85 trillion from Rs 439.72 trillion at Thursday's close.
-
Missiles Fly In Iran But Indian Markets Rally? History Tells A Surprising Story
Sectorally, oil marketing companies, aviation and logistics may feel near-term pain. Rate-sensitive segments such as banks and discretionary consumption could wobble if elevated oil delays rate cuts.
-
Venezuela Has World's Largest Oil Reserve. How US Action Affects Markets
It's about oil, US President Donald Trump said quite frankly a day after US special forces captured Venezuelan President Nicolas Maduro and wife Cilia Flores from Caracas in a swift nighttime raid.
-
From IOC to Moneyboxx, These Stocks Will Trigger Key Payouts and Splits Next Week
Canara Robeco Asset Management Company will meet on December 16 to consider declaring an interim dividend.
-
Commercial LPG Cylinder Prices Reduced Across Metro Cities. Check Rates Here
State-run oil marketing companies have reduced commercial LPG cylinder prices across metros, offering a slight relief to businesses, starting from Saturday.
