Page 12 - Oil Marketing Companies

Are OMCs shifting to alternate day fuel price revision mechanism?

Oil marketing companies seem to be moving towards a revised fuel price revision mechanism, shifting to the practice of changing petrol and fuel rates every alternate day

OMCs go on pause mode, petrol, diesel prices remain unchanged on Saturday

Petrol and diesel prices in the country remained unchanged on Saturday as oil marketing companies (OMCs) decided to pause the daily revision process and closely study global oil price movement

Oil marketing companies keep fuel prices unchanged for tenth straight day

Petrol and diesel prices were unchanged across the four metros

OMCs keep petrol and diesel prices unchanged for 5th straight day

Oil marketing companies have kept petrol and diesel prices unchanged for the fifth straight day

Cabinet may soon take up extending subsidy to BPCL after privatisation

LPG customers of state-owned OMCs with less than Rs 10 lakh annual income get cash subsidy through direct benefit transfer in their bank accounts

Losers and gainers in Indian industry as fuel prices climb to record high

Expensive retail fuel can trigger inflation, hurting a fragile economic recovery. Devangshu Datta explains who loses - and gains somewhat - when prices rise

High price of LPG cylinders forcing the poor to return to firewood

At the price of Rs 819, LPG refills beyond the reach of most PMUY beneficiaries.

Ahead of Assembly polls, oil companies hold back price hike in March

It appears that the Centre has informally conveyed to the three major OMCs to not revise fuel prices for the time being, two people in the government said

ONGC, IOC, GSPL: Crude hits $71; is it time to focus on oil-related stocks?

ONGC and GSPL have registered a breakout and may surge over 20 per cent in the coming sessions, charts show

Don't cut fuel taxes

Roll-back will increase fiscal risks

Indian Oil to expand Panipat refinery with capex of Rs 32,946 crore

Oil marketing firm IndianOil Corporation (IOC) is expanding its Panipat refinery's capacity from 15 million metric tonnes per annum (MMTPA) to 25 MMTPA at a cost of Rs 32,946 crore

Rising petrol prices a 'Dharma Sankat' situation for FM Nirmala Sitharaman

The Finance Minister said it is a matter for which the Centre and state governments need to work together and see whether there is a way to fix the issue

Petrol touches new high of Rs 85.45 in Delhi, crosses Rs 92-mark in Mumbai

In Chennai, petrol price inched up to Rs 88.07, 22 paise above the previous day's price. Diesel was retailing at Rs 80.90 in the city

Fuel price rise paused after taking petrol rates to record high level

A day after taking petrol prices to all-time high levels in Delhi, oil marketing companies decided to keep fuel prices unchanged on Friday

No change in petrol and diesel prices for 16th consecutive day

Oil marketing companies kept the retail prices of petrol and diesel static on Wednesday

Oil marketing companies continue to hold petrol, diesel price rise

OMCs have gone on a pause mode at a time when the news of successful coronavirus and expectations of big pick up in demand had kept crude on the boil with prices breaching $ 50 a barrel mark

Telecom to oil firms: Q2 results give no clear sign of broad revival

The economy is on the mend but sustained recovery will take time: that's the picture you get by studying the July-September quarter results of 1,286 listed companies. Devangshu Datta reads the numbers

Diwali keeps oil companies from revising petrol, diesel retail prices

The good news for consumers is that global prices has fallen back to $ 42 a barrel from a level of over $ 45 a barrel reached early this week.

No change in petrol, diesel rates even as global oil prices soften

Global crude prices have remained around $40 a barrel

Demand for petrol and diesel back to normal, jet fuel remains tepid

Diesel purchases went up for first time this financial year in October 1-15 period. Consumption of diesel was up 8.8%, of petrol by 1.5% YoY