State-run Oil Marketing Companies

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)

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

HPCL may benefit more from improvement in marketing margins

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

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

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

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