Search For "oil market"
Saudi Arabia has assured India of uninterrupted LPG supply: Pradhan
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 29 (ANI): Minister of Petroleum and Natural Gas Dharmendra Pradhan after his discussions with Saudi Minister of Energy, Prince Abdulaziz bin Salman, on global oil market developments said that Saudi Arabia has assured India of uninterrupted supply of LPG.
Read More
Dharmendra Pradhan holds review meet with OMCs via video conferencing
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 27 (ANI): Minister of Petroleum and Natural Gas, Dharmendra Pradhan, on Friday held a video conference with state-level teams of Oil Marketing Companies (OMCs) to ensure an adequate supply of fuel amid the nationwide lockdown imposed as a precautionary measure to conta
Read More
Equities hammered as coronavirus fears escalate, Nifty realty down 2.4 pc
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Feb 27 (ANI): Equity benchmark indices fell for the fifth straight session on Thursday tracking weakness in Asian peers amid concerns about the coronavirus outbreak as investors sought safety in gold and bonds.
Read More
Bears hammer equities on coronavirus fears, Nifty realty down 2.5 pc
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Feb 27 (ANI): Equity benchmark indices continued to take a beating during early hours on Thursday on the back of weak global cues accentuated by coronavirus as investors sought safety in gold and bonds.
Read More
IndianOil reports three-fold jump in Q3 profit at Rs 2,339 crore
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 30 (ANI): Oil marketing firm IndianOil Corporation (IOC) on Thursday reported a three-fold increase in its standalone net profit at Rs 2,339 crore during the third quarter of current fiscal as against Rs 717 crore in Q3 FY19.
Read More
Indian Oil's second quarter net profit down by 83 pc to Rs 563 crore
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 31 (ANI): Oil marketing firm Indian Oil Corporation (IOC) on Thursday reported 83 per cent dip in net profit to Rs 563 crore for the second quarter ended September due to a slump in revenue and fall in gross refinery margins.
Read More
Equities flat in early trading, telecom stocks gain
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 30 (ANI): Equity indices were subdued during early hours on Wednesday in line with Asian markets ahead of the US Federal Reserve's interest rate decision due to be announced later today.
Read More
We are committed to 'relative stability' in oil market beyond 2020: OPEC S
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 15 (ANI): The Organisation of the Petroleum Exporting Countries (OPEC) on Tuesday said that its members are determined to ensure that 'relative stability' in the oil market is sustained beyond 2020.
Read More
Sensex falls by 262 points, oil marketing firms worst hit after Saudi atta
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 16 (ANI): Equity benchmark indices extended declines in the afternoon session to close with a negative bias on Monday as global oil prices surged to four-month highs after a strike on the world's biggest oil facility in Saudi Arabia removed about 5 per c
Read More
Centre revises prices for ethanol procurement
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 3 (ANI): The Union government on Tuesday announced revised prices of procurement for ethanol for Oil Marketing Companies which will be applicable from Dec 1 this year.
Read More
Stoppage of fuel supplies due to shortage of funds: Air India Chairman
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 25 (ANI): The Chairman and Managing Director of Air India, Ashwani Lohani on Sunday said that stoppage of fuel supplies at six airports from Oil Marketing Companies (OMCs) is because of an overall shortage of funds.
Read More
PSU OMCs stop supply to Air India as it fails to pay dues
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 23 (ANI): PSU Oil Marketing Companies - Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) - have been constrained to suspend supply of jet fuel to Air India and Alliance Air flights at six airports
Read More