Business Standard

Hpcl Bpcl Indian Oil Omcs

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 crosses Rs 80/litre in Delhi. Trading strategy for HPCL, BPCL, IOC
Updated On : 26 Jun 2020 | 11:34 AM IST

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.

OMCs rally amid an increase in petrol, diesel prices for 2nd day in a row
Updated On : 08 Jun 2020 | 4:25 PM IST

HPCL, BPCL tank over 4% after crude oil prices rise for second straight day

On Monday, both, HPCL and BPCL, had gained 13 per cent each in the intra-day session after oil prices had slumped to a 20-year low following an all-out oil war led by Saudi Arabia.

HPCL, BPCL tank over 4% after crude oil prices rise for second straight day
Updated On : 11 Mar 2020 | 10:13 AM IST

HPCL, BPCL surge up to 13%; RIL slumps 8% as Brent Crude hits 20-yr low

At 9:38 am, Brent Crude Futures were at $32.27/bbl, down 13 cents or 28.72 per cent, US WTI, on the other hand, was at $28.45/bbl-mark, down 12.83 cents or 31 per cent.

HPCL, BPCL surge up to 13%; RIL slumps 8% as Brent Crude hits 20-yr low
Updated On : 09 Mar 2020 | 10:52 AM IST

Here's how you can trade BPCL, HPCL and IOC amid oil turbulence

A technical outlook on Indian oil marketing companies (OMCs) amid US-Iran tensions

Here's how you can trade BPCL, HPCL and IOC amid oil turbulence
Updated On : 08 Jan 2020 | 11:13 AM IST

OMCs, aviation stocks slip up to 4% as oil prices surge on US-Iran tensions

Iran's missile attacks on the Ain Al-Asad airbase and another in Erbil, Iraq, early Wednesday came hours after the funeral of an Iranian commander whose killing in a US drone strike has raised fears

OMCs, aviation stocks slip up to 4% as oil prices surge on US-Iran tensions
Updated On : 08 Jan 2020 | 10:28 AM IST

Oil-linked stocks trade weak as oil prices continue to surge; HPCL down 5%

US President Donald Trump has issued a threat to impose sanctions on Iraq amid escalating tensions with Iran in the Middle East.

Oil-linked stocks trade weak as oil prices continue to surge; HPCL down 5%
Updated On : 06 Jan 2020 | 10:24 AM IST

Oil PSU unions oppose BPCL disinvestment, say it will cause long-term loss

The government plans to sell its majority stake in the oil marketeer which can help it raise over Rs 70,000 crore

Oil PSU unions oppose BPCL disinvestment, say it will cause long-term loss
Updated On : 04 Jan 2020 | 9:32 PM IST

OMCs, banks slump as US military kills top Iranian military commander

Brent Crude Futures surged over 3 per cent to trade at $68.25 per barrel-mark. The West Texas Intermediate, too, gained 2.71 per cent to $62.84 per barrel.

OMCs, banks slump as US military kills top Iranian military commander
Updated On : 03 Jan 2020 | 10:28 AM IST

BPCL, HPCL slip up to 5% as Cabinet relaxes fuel retailing norms

With this, new players in the fuel-marketing space like Total, Adani, and Saudi Aramco -- and even super markets -- can open outlets for selling automobile fuel.

BPCL, HPCL slip up to 5% as Cabinet relaxes fuel retailing norms
Updated On : 24 Oct 2019 | 10:28 AM IST

Oil marketing companies gain on drop in crude oil price, BPCL hits new high

BPCL and HPCL surged 5 per cent each in the intra-day trade today, while IOC gained 3 per cent on the BSE in an otherwise weak market.

Oil marketing companies gain on drop in crude oil price, BPCL hits new high
Updated On : 03 Oct 2019 | 12:24 PM IST

BPCL jumps 7% on reports that the govt may sell stake to a pvt oil company

India is considering a plan to sell the nation's second-largest state refiner and fuel retailer to a global oil company, Bloomberg reported

BPCL jumps 7% on reports that the govt may sell stake to a pvt oil company
Updated On : 13 Sep 2019 | 3:28 PM IST

OMCs slip up to 5% after reports say govt may sell stake in BPCL to IOCL

If the deal goes through, an IOCL-BPCL merger will be the third mammoth amalgamation of state-owned companies, excluding banks.

OMCs slip up to 5% after reports say govt may sell stake in BPCL to IOCL
Updated On : 03 Sep 2019 | 10:45 AM IST

OMCs, tyre and paint companies gain on over 4% plunge in crude oil prices

Oil prices fell more than 4 per cent on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March.

OMCs, tyre and paint companies gain on over 4% plunge in crude oil prices
Updated On : 03 Jul 2019 | 10:24 AM IST

BPCL, HPCL, IOCL tank up to 29% as government cuts fuel prices

A sharp decline in stock price of six oil & gas companies have seen their combined market capitalisation fallingl by Rs 1.26 trillion in two days.

BPCL, HPCL, IOCL tank up to 29% as government cuts fuel prices
Updated On : 05 Oct 2018 | 10:18 AM IST