You are here: Home » Companies » Financial X-Ray
Adani Green completes acquisition of 205 MW solar assets from Essel
Business Standard

ONGC, Oil India's earnings may suffer after sharp cut in gas prices

City gas distributors, fertiliser and other end users to gain; MGL can see up to 14 per cent earnings upside: Analysts.

Topics
Gas price | ONGC | OIL India

Ujjval Jauhari  |  Mumbai 



oil and gas
Domestic gas price, which was $2.39 per mmBtu during the first half of FY21, has fallen third time in a row

A 25 per cent cut in domestic gas prices for the second half (H2FY21) will only add to challenges for producers such as and Oil India, which have been already hit by weak crude oil prices.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, October 01 2020. 15:38 IST

RECOMMENDED FOR YOU

.