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State-run Oil Marketing Companies

Oil companies pause after hiking petrol, diesel prices for 21 days straight

On June 27, price of petrol was increased by Rs 0.25 per litre while that of diesel by Rs 0.21 per litre. Rates differ from state to state, depending on value-added tax (VAT)

Oil companies pause after hiking petrol, diesel prices for 21 days straight
Updated On : 28 Jun 2020 | 8:14 AM IST

IOC, BPCL restart project-work after relaxation of Covid-19 lockdown norms

IOC said it has resumed work on 64 select projects with a combined allocation of about Rs 21,375 crore

IOC, BPCL restart project-work after relaxation of Covid-19 lockdown norms
Updated On : 21 Apr 2020 | 8:46 PM IST

Silver lining for OMCs: Low crude oil prices signal structural gains

HPCL may benefit more from improvement in marketing margins

Silver lining for OMCs: Low crude oil prices signal structural gains
Updated On : 03 Apr 2020 | 3:16 AM IST

Gross refining margins for state-run oil firms tumble in September quarter

Analysts said there had been a slowdown in refining demand in certain global markets, and India's diesel demand was slowing down

Gross refining margins for state-run oil firms tumble in September quarter
Updated On : 10 Nov 2019 | 11:43 PM IST

OMCs in a sweet spot with declining crude prices, better refining margins

Firm marketing margins add to their fortunes, making them attractive post a sharp 30% correction from early-June highs

OMCs in a sweet spot with declining crude prices, better refining margins
Updated On : 29 Aug 2019 | 2:42 AM IST

State-run oil firms to deliver petrol at doorstep, expand diesel service

The companies plan to have at least 500 doorstep fuel delivery vehicles by the end of this financial year (FY20)

State-run oil firms to deliver petrol at doorstep, expand diesel service
Updated On : 17 Aug 2019 | 12:32 AM IST

OMCs may find it difficult to pass on price hike in upcoming quarter

In the next quarter, the country will also start gearing up for various Assembly elections could put the government as well as the OMCs under pressure

OMCs may find it difficult to pass on price hike in upcoming quarter
Updated On : 10 Sep 2018 | 5:30 AM IST