Page 6 - Oil Marketing Companies

BPCL hits 52-week low on likely delay in divestment, soaring oil prices

Even if OMCs are not made to share any under-recovery, the continued pricing intervention would make it utterly difficult to divest government's stake in BPCL, Motilal Oswal said in its report

India on course to blend minimum 10% ethanol in 2021-22: Trade sources

Blending crossed 8.93% on Feb 16; trade sources say to achieve the 10% mark, 4.37 bn litres of ethanol are required of which 4.20 bn litres have already been offered via tenders and finalised by OMC

Moody's expects OMCs' margins to improve over 12-18 months on higher demand

'We expect the regional refining benchmark to average around $3-4/bbl over the next 12-18 months, balancing our expectations of demand recovery alongside incoming capacity additions,' says Moody's

Top headlines: 'OMCs' margins to improve'; 1st phase of UP polls tomorrow

Here are the top headlines on Wednesday

OMCs slash commercial 19 kg LPG cylinder prices by Rs 91.5 to Rs 1,907

It will provide some relief to restaurants, eateries, tea stalls and others which constitute the largest user segment of the 19 kg cylinders

Stocks to Watch: Sun Pharma, UPL, DLF, DB Realty, OMCs, Tata group

Adani Ports, Indian Hotels and Tech Mahindra are some of the prominent companies to announce results today.

Delhi HC Division Bench upholds OMCs' penal guidelines for oil retailers

Minimum wage mandate most contentious for retailers

Fuel rates remain unchanged on Thursday; petrol in Mumbai at Rs 109.98

Oil marketing companies on Thursday kept the prices of diesel and petrol unchanged across major Indian cities.

Oil marketing companies favouring grain-based ethanol: Sugar mills

Move to curb ethanol's over-dependence on sugarcane, say OMCs

Fuel prices remain unchanged on Tuesday; petrol in Mumbai at Rs 109.98

Oil marketing companies kept the prices of diesel and petrol unchanged across major Indian cities on Tuesday.

Fuel prices remain unchanged on Monday; petrol at Rs 109.98 in Mumbai

Oil marketing companies on Monday kept the prices of diesel and petrol unchanged across major Indian cities.

OMCs hike price of commercial LPG gas cylinder by Rs 100 in Delhi

The national oil marketing companies have increased the price of commercial 19kg LPG cylinder by Rs 100.50, taking the new price to Rs 2,101 in Delhi

Oil marketing companies keep diesel, petrol prices unchanged in metros

Prices of the petrol and diesel have been untouched post the revision of duties by the Centre and state governments in early November

No immediate consumer relief expected in petrol, diesel prices

Oil companies cautious over crude oil price fluctuations

Indian Oil reports Rs 6,235 crore consolidated net profit in June quarter

Earnings from petroleum products lower than same months of last year

Indian Oil reports second quarter net profit at Rs 6,360 crore

Sequentially, net profit was higher than Rs 5,941.37 crore earned in the April-June quarter

IOC commences doorstep diesel delivery in small quantities

The company said that the service is meant for customers seeking diesel in quantities as low as 20 litres

Fuel rates hiked for 4th consecutive day; petrol crosses Rs 113 in Mumbai

In Mumbai, petrol and diesel prices per litre stand at Rs 113.12 and Rs 104.00 respectively

BPCL privatisation likely to face a bump on rising fuel prices in India

A major chunk of the auto fuel price in the country consists of state and central taxes

Petroleum firms hike price of domestic LPG cylinders by Rs 15

Now, the price of a non-subsidized 14.2 kg domestic cylinder in Delhi will be Rs 899.50, while the new rate of 5kg domestic cylinder stands at Rs 502