Page 6 - Omcs

Petrol price at an all-time high of Rs 87.85 in Delhi, diesel at Rs 78.03

Petrol prices in Mumbai stood at Rs 94.36 on Thursday as compared with Rs 94.12 yesterday. One litre of diesel will cost Rs 84.94 in the city

Petrol price remains stable at Rs 86.95 after hitting record in New Delhi

Petrol prices in Mumbai stood at Rs 93.49 on Saturday-- the same as yesterday. One litre of diesel will cost Rs 83.99 in the city

Petrol hits all-time high of Rs 86.95 in Delhi, touches Rs 93.49 in Mumbai

Petrol price soared by 30 paise to Rs 86.95 a litre in the national capital on Friday. This marks the highest ever price at which petrol has been sold in New Delhi

Oil marketing companies continue to hold petrol and diesel price hike

The rise in crude oil prices may dent marketing margins if not passed on, however, some say OMCs may have a cushion to absorb

India petrol prices inch towards record highs after OMCs hike for 6th day

Petrol prices could touch an all-time high with oil marketing companies raising their retail price for sixth consecutive day

Light at the end of the tunnel for domestic oil marketing companies

Marketing margins to support earnings, while refining outlook can improve with vaccine launches driving global economic recovery

BPCL disinvestment gets going. Time to bet on OMCs? Here's what charts say

The formation of a "Death Cross" on BPCL has disrupted the upside bias lately. Here is how stocks of oil marketing companies look on the technical charts

Despite fuel price cuts due to Covid-19, OMCs improve net marketing margins

The net marketing margin of OMCs on sale of petrol and diesel has increased to Rs 4 per litre by mid-September from Rs 2.23 per litre earlier as there has been correction in global auto fuel prices

Petrol crosses Rs 80/litre in Delhi. Trading strategy for HPCL, BPCL, IOC

Petrol prices on Friday crossed the Rs-80 mark in Delhi as OMCs announced the 20th hike in a row. Petrol price was increased by 21 paise to Rs 80.13 per litre in Delhi. Diesel jumped by 17 paise

Petrol, diesel price gap narrows to just 36 paise; consumption picks up

Though OMCs raised prices, they are seeing demand recovery in June at 85% of what it was in the same month last year

OMCs: Demand recovery, inventory gains, marketing margins to drive earnings

Over the last three-four days, OMCs have increased the per litre price of gasoline and diesel by a total of Rs 2.14 and Rs 2.23, respectively

OMCs rally amid an increase in petrol, diesel prices for 2nd day in a row

Meanwhile, OPEC, Russia, and allies agreed on Saturday to extend record oil production cuts until the end of July.

OMC earnings to take 10-27% hit as govt raises duties, bars fuel price hike

Marketing margins to be squeezed by 64%; companies did not pass on the benefits of lower global petroleum prices to consumers

Tough times for sugar mills as demand from business consumers dwindles

Low offtake of sweetener as cold drink units, ice-cream factories, and sweet shops remain shut due to lockdown. No offtake from liquor plants, paper units and OMCs for byproduts either

OMCs, RIL better placed; oil producers stare at losses as crude plunges

Reliance Industries' higher cost efficiencies and diversified business model will prove helpful

Petrol, diesel demand slumps 66%; ATF down 90% as lockdown hurts business

The country's petroleum product consumption fell 17.79 per cent to 16.08 million tonnes in March as diesel, petrol and ATF demand fell

Sugar mills seek third ethanol supply tender from govt-owned OMCs

The excess production is a major issue as mills had planned to expand ethanol production

Sharper cuts in fuel prices if oil cos forego supernormal profits: Report

The govt raised excise duty on both petrol and diesel by Rs 3 per litre

OMCs, paints, cement firms to benefit as oil crash rebuilds hopes

The escalating coronavirus fear and price war between oil producing countries led to a sharp 23% one-day fall in crude oil prices on Monday

Coronavirus outbreak: Subdued crude oil prices to help HPCL, other OMCs

IOC and BPCL to also gain from lower working capital requirement and firm marketing margins, but weak GRMs may limit the upside