Search For "oil market"
Commercial LPG gas cylinder price hiked by Rs 7
Updated : 2 years, 8 months ago IST
Public sector Oil Marketing Companies(OMCs) have increased the prices of commercial LPG gas cylinders by Rs 7 a cylinder. After the increase, the retail sales price of a 19kg commercial LPG cylinder in Delhi has increased from Rs 1,773 to Rs 1,780. However, there is no change made in the pri
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India's 2023-24 fuel demand to grow by mid-single-digit: Fitch
Updated : 2 years, 8 months ago IST
Fitch Ratings expects India's petroleum product demand in during 2023-24 to grow by a mid-single-digit percentage after a 10 per cent rise the past year.
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BPCL Shines at FIPI Oil & Gas Awards 2022 with Five Prestigious Awards
Updated : 2 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 9: Bharat Petroleum Corporation Limited (BPCL), a leading 'Maharatna' and Fortune Global 500 Company, has been recognized at the highly esteemed FIPI Oil & Gas Awards 2022 by securing five coveted accolades. The awards were presented by Hardeep Singh Pu
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Oil Marketing companies likely to cut petrol-diesel prices: Sources
Updated : 2 years, 9 months ago IST
Oil marketing companies (OMC) are likely to reduce prices of petrol and diesel, according to government sources.
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OPEC Plus will continue oil output cuts as prices remain unchanged
Updated : 2 years, 9 months ago IST
OPEC described the move as aiming to "achieve and sustain a stable oil market, and to provide long-term guidance for the market, and in line with the successful approach of being precautious, proactive and preemptive," in a press release, The Hill reported.
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Commercial LPG cylinder prices slashed by Rs 83.5; domestic unchanged
Updated : 2 years, 9 months ago IST
Oil marketing companies generally revise the LPG prices on the first day of every month. The prices of domestic cooking gas vary from state to state depending on local taxes.
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Revolutionizing the Edible Oil Industry With Innovative, Healthy, & Sa
Updated : 2 years, 9 months ago IST
Kachch (Gujarat) [India], May 23 (ANI/NewsVoir): In 2022, the Indian edible oil market grew by 24.3 million tonnes. Projections indicate continued growth with a 5.1 percent volume growth in 2024. The average volume per person in the Edible Oils segment is expected to reach 4.47 kg in 2023. T
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BPCL partners with Aspen Technology Inc. to revolutionize crude oil sourci
Updated : 2 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 19 (ANI/NewsVoir): BPCL, a leading player in the energy industry, has entered into a strategic Memorandum of Understanding (MOU) with Aspen Technology Inc., USA. This partnership aims to integrate Aspen Tech's process simulation solution with BPCL's BPMARRK&
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IndianOil posts 69 pc drop in its standalone net profit for 2022-23
Updated : 2 years, 10 months ago IST
The oil marketing company has reported revenue from operations of Rs 9,34,953 crore for 2022-23 as compared to Rs 7,28,445 crore in FY22.
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Indian edible oil industry body asks producers to cut prices
Updated : 2 years, 10 months ago IST
An Indian edible oil industry body issued an advisory to its members appealing to reduce the retail and wholesale prices in line with prevailing global markets to benefit the consumers.
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Raj Kumar Dubey takes over as Director (HR) of Bharat Petroleum
Updated : 2 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 2 (ANI/NewsVoir): Bharat Petroleum Corporation Limited (BPCL) is pleased to announce that Raj Kumar Dubey, w.e.f. May 1, 2023 has taken over as Director (Human Resources) of the company. Dubey brings with him a wealth of experience in business and human capi
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Commercial LPG cylinder prices slashed by Rs 171.5 per unit
Updated : 2 years, 10 months ago IST
Petroleum and oil marketing companies have slashed the price of Commercial LPG cylinders by Rs 171.50 with immediate effect, according to sources.
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