Search For "oil market"
Fuel prices hit new high, petrol hiked by 53 paise, diesel By 64 paise for
Updated : 5 years, 9 months ago IST
New Delhi [India], June 18 (ANI): For the 12th consecutive day, state-run oil marketing companies (OMCs) has increased the price of fuel on Thursday.
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Trump, Putin discuss expansion of G7 summit, oil markets over phone
Updated : 5 years, 9 months ago IST
Washington D.C. [USA], June 2 (ANI): US President Donald Trump spoke with his Russian counterpart Vladimir Putin over the phone on Monday and discussed plans of expanding the Group of 7 to include a more diverse gathering of countries, such as India and Russia, that would better represent th
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OMCs' margins to take a hit post increase in taxes: Ind-Ra
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 9 (ANI): The recent hike in additional customs and excise duties on petrol and diesel will meaningfully affect profitability and leverage profile of the three public oil marketing companies (OMCs), according to India Ratings and Research.
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Equity indices close in the green but FMCG and OMCs lose
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 6 (ANI): Heavy buying in financial counters led equity indices to close in the positive terrain on Wednesday after a highly volatile session which saw stocks of FMCG and oil marketing companies taking a beating.
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Hike in fuel excise to increase tax collection by $21 billion: Moody's
Updated : 5 years, 10 months ago IST
New Delhi [India], May 6 (ANI): The government's increase in petrol and diesel taxes by 21 dollars a barrel and 27 dollars a barrel will result in tax collection increasing by about 21 billion dollars if the tax hike is maintained for a full year, Moody's Investors Service said on Wednesd
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Equity indices in the green but oil marketing firms lose
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 6 (ANI): Equity benchmark indices wobbled during early hours on Wednesday amid mixed global cues but profit booking was seen in stocks of oil marketing and FMCG companies.
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We welcome any news that brings stability to global oil markets: Canada's
Updated : 5 years, 11 months ago IST
Ottawa [Canada], April 13 (Sputnik/ANI): Canada's Natural Resources Minister Seamus O'Regan says Canada welcomes the new OPEC+ oil production cut deal and hopes that it will stabilize the markets.
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G-20, OPEC working to rebalance oil market
Updated : 5 years, 11 months ago IST
Dubai [UAE], April 11 (ANI): Energy Ministers of G-20 have arrived at a decision to rebalance global oil markets hit hard by the coronavirus pandemic.
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Putin, Trump, King Salman agree to coordinate on stabilising oil market
Updated : 5 years, 11 months ago IST
Moscow [Russia], April 10 (Sputnik/ANI): Russian President Vladimir Putin, US President Donald Trump and Saudi King Salman have discussed the situation in oil markets and reaffirmed their wish to coordinate moves on stabilising the market situation, the Russian presidential press service sai
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No change in basic selling price of petrol, diesel: IndianOil
Updated : 5 years, 11 months ago IST
New Delhi [India], Apr 3 (ANI): IndianOil has announced that oil marketing companies (OMCs) have made no change in the basic selling price of petrol and diesel.
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Consumers who booked LPG cylinder in panic don't have empty cylinders to a
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 31 (ANI): Consumers who had booked LPG cylinders in a state of panic, fearing the stocks will get exhausted due to the lockdown announced by the Centre, now are not taking the delivery of booked cylinder as they do not have empty cylinders, according to officials of oi
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Rs 5 lakh ex-gratia for any coronavirus-related death of LPG supply chain
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 30 (ANI): Oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum on Monday announced an ex-gratia amount of Rs 5 lakh in case of coronavirus-related death of any liquefied petroleum gas (LPG) delivery boy or other personnel involved in the supply
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