Omcs

HPCL, BPCL, IOC soar up to 5% in trade as oil prices slip to 2-week low

A fall in oil prices is beneficial to OMCs as their costs for acquiring crude oil for refining drop

IndiGo, Ceat: Which stocks are on analysts' radar as oil falls below $70?

Brent crude price today: Analysts prefer aviation and tyre stocks among the lot, but remain cautious on paints and oil marketing companies

Used cooking oil over ethanol: Govt's new route to 5% biodiesel blending

Oil-marketing companies may expand from 200 locations to source used cooking oil

BPCL, HPCL, IOC shed up to 8% on petrol, diesel price cut, margin worries

Analysts expect OMCs to trade lower in the near-term given the retail price cut and elevated brent crude prices of $85/bbl

HPCL, BPCL, IOCL: Here's why Morgan Stanley thinks OMC stocks can flare up

The S&P BSE Oil & Gas index has been an outperformer, surging nearly 20 per cent in CY24 as compared to the S&P BSE Sensex that has lost around 1 per cent during this period, shows data

OMCs hike procurement price of ethanol produced from maize by Rs 5.79/ltr

In sugarcane it is either through sugarcane juice or syrup, then B-heavy molasses and C-heavy molasses, while in grains it is mostly damaged foodgrains or maize

OMCs hike procurement price of ethanol produced from C-heavy molasses

After the hike, the procurement price of ethanol produced from C-heavy molasses would be Rs 56.28 per litre as against Rs 49.41 per litre in 2022-23 procurement season

A tough second half for oil marketing companies due to surging crude prices

Most commodity traders are betting energy prices will remain high

OMCs unlikely to cut pump prices in 2023 despite windfall gains: Officials

Petrol prices unchanged for record 18 months now, OMCs continuing facing under recoveries

OMCs to prepare joint roadmap on green hydrogen push, to tap cleaner fuel

Move to better map and service demand for green hydrogen beyond captive use for oil refineries

Rising crude, uncertainty ahead of elections keep analysts wary on OMCs

Analysts say the already weakening marketing margins will be a concern ahead as the fate of OMCs remains tied to uncertain crude prices and the inability to raise prices amid the coming elections

LPG price cut: Govt grant soon for OMCs, analysts do not expect losses

Starting 30 August, domestic LPG in India is selling Rs 200 cheaper per cylinder (14.2 kg), announced as a festive season gift from the government on Tuesday

Investors may want to bottom fish in stocks of oil marketing companies

Macro conditions could improve and valuations are already low

Oil-marketing companies raise prices of ethanol from maize, damaged food

New price applicable for the remaining 3 months of 2022-23 supply year

Opaque subsidies

Govt control returns to the oil sector

Commercial LPG cylinder price cut by Rs 100, domestic stays same

A 19 kg LPG cylinder will cost Rs 1,680 in Delhi, Rs 1640.50 in Mumbai, and Rs 1,805.50 in Kolkata

OMC profits could reach Rs 1 trillion this financial year: CRISIL Ratings

This would be a significant rebound compared to the Rs 60,000 crore recorded between financial years 2017 and 2022 and the previous financial year low of Rs 33,000 crore

Results preview: OMCs to ride the low crude oil gravy train in Q1

City gas firms will see profits rise due to capped domestic prices, say analysts

OMCs rally up to 7% on improved outlook; HPCL, IOC scale 52-week highs

In the past one-year, shares of OMCs have risen between 18 per cent and 28 per cent on the back of a fall in crude oil prices. Brent crude prices have corrected 20 per cent in the past one year

Indian OMCs confident of retaining discounts on Russian crude oil

Before the war in Ukraine, Indian refiners had bought Russian oil rarely due to the high freight costs involved