Petrol prices on Sunday remained unchanged. Prices of petrol have remained static at Rs 80.43 per litre for almost four weeks
26 Jul 2020 3:23 PM
Hindustan Petroleum Corporation Ltd shares tanked 13 percent, Bharat Petroleum plunged 9.99 percent and Indian Oil dropped 7.49 percent
07 May 2020 9:24 AM
The demand is expected to further pick up as more areas were opened up on Monday
04 May 2020 4:11 PM
A massive drone strike on the world's largest crude-processing facility operated by Saudi Arabia's Aramco has driven up oil prices.
16 Sep 2019 7:17 PM
‘It is because of overall shortage of funds, doesn't reflect on operational performance and recent efforts of airline,’ Ashwani Lohani said.
25 Aug 2019 3:57 PM
However, an official said the flight operations of the airline are currently normal and unaffected.
22 Aug 2019 8:25 PM
Struggling to meet budget targets, the government had asked cash-rich PSUs to pay second interim dividend.
26 Apr 2019 2:26 PM
IOC and HPCL won city gas distribution rights in nine geographical areas each last month, and BPCL got rights to two areas.
27 Mar 2019 7:08 PM
Shares of aviation and oil marketing companies surged up to 6 per cent on Wednesday.
21 Nov 2018 6:04 PM
Brent crude prices fell 4.37 per cent, its biggest single-day fall in three months, to USD 76.24 barrel.
24 Oct 2018 6:26 PM
Petrol price was cut by 25 paise a litre and diesel by 17 paise.
21 Oct 2018 1:15 PM
The market capitalisation of six large oil companies has falled by Rs 1.2 lakh crore.
12 Oct 2018 8:57 AM
While OMCs will continue to enjoy marketing freedom, upstream oil producers like ONGC would not be asked to share fuel subsidy burden.
11 Oct 2018 5:05 PM
Excise duty cuts on auto fuel reduce govt revenue and increase fiscal deficit by 0.1 pc to 3.4 pc of GDP in FY19.
10 Oct 2018 12:55 PM
Reduction in dividend from oil marketing companies, cut in subsidies, lesser disinvestment revenue.
10 Oct 2018 10:58 AM
Shares in the companies fell more than 20 per cent to multi-year lows on Friday before recovering marginally.
07 Oct 2018 11:45 AM
Govt's decision to curtail marketing margins on auto fuels by Rs1/litre brings to fore the earnings uncertainty for oil PSUs.
05 Oct 2018 12:02 PM
OMCs will now be able to raise external commercial borrowing for working capital purposes.
03 Oct 2018 7:44 PM
Pradhan announced that state-owned fuel marketing companies will purchase all the bio-gas from these plants.
01 Oct 2018 2:30 PM
Over Rs 19 per litre is added to the cost on account of excise duty levied by the Centre.
08 Jun 2018 12:17 PM