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Petrol, Diesel Prices On August 27: Check New Fuel Rates In Mumbai, Bengaluru, Chennai, Kolkata And More
State-run oil marketing companies kept petrol and diesel prices unchanged on Aug. 27. Brent crude eased over 2% to $86.43 a barrel on Aug. 26
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Oil Firms Say E20 Is Safe After Nationwide Testing Rules Out Contamination
The intensified testing followed recent media reports alleging the presence of moisture and chloride in E20 (20 per cent ethanol blended petrol).
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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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OMC Stocks Rally On US-Iran Ceasefire: IOC, BPCL, HPCL Surge Upto 10% As Crude Oil Crashes 15%
The rally tracked a sharp crash in global oil prices, with Brent crude due for May delivery plunging 6% at $103 per barrel, while the US WTI crashed 15% to trade at $96 per barrel after the US-Iran ceasefire deal.
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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.
-
Govt Directs Refiners To Maximise Domestic LPG Output, Supply Only To OMCs IOCL, BPCL, HPCL
Oil refiners in India will be asked to ensure that critical gases such as Propane and Butane must be prioritised for LPG production for households.
-
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.
-
India May Buy More Russian Oil Despite Tariff Risk: Should You Be Cautious On OMC Stocks?
Global crude oil prices rose 1% on Oct. 8 due to the OPEC+ supply hike, but concerns of oversupply limited gains. Analysts warn caution over Indian OMC stocks.
-
Commercial LPG Cylinders Price Reduced, New Rates Effective Today
Oil marketing companies (OMCs) on Sunday said that the price of commercial LPG gas cylinders will be reduced by Rs 51.50, effective September 1.
-
OMCs To Receive LPG Compensation: Hardeep Singh Puri
The fresh statement from Puri signals a possible resolution ahead of the new Parliament session and can improve the balance sheets of these oil retailers.
-
TruAlt Bioenergy, An Ethanol Producer, Gets Oil Marketing Company Status
TruAlt Bioenergy Limited is one of India's largest biofuel producers, playing a pivotal role in the country's transition toward clean and sustainable energy.
-
Budget 2025: No LPG Compensation To Result In Heavy Losses For OMCs
If the Budget 2025 announces no LPG compensation, Bharat Petroleum, Hindustan Petroleum and Indian Oil could see annual losses of Rs 9,000 crore to Rs 18,500 crore in FY25.
-
Budget 2025: No LPG Compensation To Result In Heavy Losses For OMCs
If the Budget 2025 announces no LPG compensation, Bharat Petroleum, Hindustan Petroleum and Indian Oil could see annual losses of Rs 9,000 crore to Rs 18,500 crore in FY25.
-
Oil & Gas Q2 Results Preview: Mixed Quarter For OMCs, Gas Distributors To See Volume Growth
Oil marketing companies are set to be impacted by a weaker refining segment, while the strong marketing margins could help support earnings.
-
How Likely Petrol, Diesel Price Cut Would Impact Oil Marketing Companies
"State-run fuel companies may consider reducing retail fuel prices if global crude rates stay lower for an extended period," said Oil Secretary of India Pankaj Jain.
 050723 (4).jpeg?downsize=260:146 "Budget 2025: No LPG Compensation To Result In Heavy Losses For OMCs")
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Petrol, Diesel Prices On August 27: Check New Fuel Rates In Mumbai, Bengaluru, Chennai, Kolkata And More
State-run oil marketing companies kept petrol and diesel prices unchanged on Aug. 27. Brent crude eased over 2% to $86.43 a barrel on Aug. 26
-
Oil Firms Say E20 Is Safe After Nationwide Testing Rules Out Contamination
The intensified testing followed recent media reports alleging the presence of moisture and chloride in E20 (20 per cent ethanol blended petrol).
-
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.
-
OMC Stocks Rally On US-Iran Ceasefire: IOC, BPCL, HPCL Surge Upto 10% As Crude Oil Crashes 15%
The rally tracked a sharp crash in global oil prices, with Brent crude due for May delivery plunging 6% at $103 per barrel, while the US WTI crashed 15% to trade at $96 per barrel after the US-Iran ceasefire deal.
-
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.
-
Govt Directs Refiners To Maximise Domestic LPG Output, Supply Only To OMCs IOCL, BPCL, HPCL
Oil refiners in India will be asked to ensure that critical gases such as Propane and Butane must be prioritised for LPG production for households.
-
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.
-
India May Buy More Russian Oil Despite Tariff Risk: Should You Be Cautious On OMC Stocks?
Global crude oil prices rose 1% on Oct. 8 due to the OPEC+ supply hike, but concerns of oversupply limited gains. Analysts warn caution over Indian OMC stocks.
-
Commercial LPG Cylinders Price Reduced, New Rates Effective Today
Oil marketing companies (OMCs) on Sunday said that the price of commercial LPG gas cylinders will be reduced by Rs 51.50, effective September 1.
-
OMCs To Receive LPG Compensation: Hardeep Singh Puri
The fresh statement from Puri signals a possible resolution ahead of the new Parliament session and can improve the balance sheets of these oil retailers.
-
TruAlt Bioenergy, An Ethanol Producer, Gets Oil Marketing Company Status
TruAlt Bioenergy Limited is one of India's largest biofuel producers, playing a pivotal role in the country's transition toward clean and sustainable energy.
-
Budget 2025: No LPG Compensation To Result In Heavy Losses For OMCs
If the Budget 2025 announces no LPG compensation, Bharat Petroleum, Hindustan Petroleum and Indian Oil could see annual losses of Rs 9,000 crore to Rs 18,500 crore in FY25.
-
Budget 2025: No LPG Compensation To Result In Heavy Losses For OMCs
If the Budget 2025 announces no LPG compensation, Bharat Petroleum, Hindustan Petroleum and Indian Oil could see annual losses of Rs 9,000 crore to Rs 18,500 crore in FY25.
-
Oil & Gas Q2 Results Preview: Mixed Quarter For OMCs, Gas Distributors To See Volume Growth
Oil marketing companies are set to be impacted by a weaker refining segment, while the strong marketing margins could help support earnings.
-
How Likely Petrol, Diesel Price Cut Would Impact Oil Marketing Companies
"State-run fuel companies may consider reducing retail fuel prices if global crude rates stay lower for an extended period," said Oil Secretary of India Pankaj Jain.
