Search For "oil market"
Commercial LPG cylinder costlier by Rs 111 from January 1, domestic prices
Updated : 2 months, 1 week ago IST
The price of commercial LPG cylinders has been increased with effect from Thursday, January 1, bringing some cost pressure for hotels, restaurants and other commercial users at the start of the new year.
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Crude oil prices to remain low in 2026 due to surplus production and suppl
Updated : 2 months, 2 weeks ago IST
Global crude oil prices are expected to remain under pressure in 2026 as the global oil market is likely to face a sustained supply surplus, according to a report by ING Bank, a global banking and financial services major.
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Odisha enforces strict pollution norms, fuel to be denied without valid PU
Updated : 2 months, 3 weeks ago IST
In a bid to curb vehicular pollution and enforce stricter compliance with emission norms, the State Transport Authority (STA) in Odisha has directed oil marketing companies to stop dispensing petrol and diesel to vehicles without a valid Pollution Under Control Certificate (PUCC).
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Russian crude curbs, lower oil prices to shape earnings outlook for IOC, B
Updated : 2 months, 3 weeks ago IST
Ongoing restrictions on Russian crude and refined product flows, coupled with an oversupplied global oil market, are expected to keep crude prices subdued while supporting refining margins, a trend that has direct implications for state-run oil marketing companies IOC, BPCL and HPCL, accordi
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PNGRB unveils comprehensive consumer protection framework for oil and gas
Updated : 2 months, 4 weeks ago IST
The comprehensive framework establishes fundamental rights for consumers while creating a standardized four-tier grievance redressal mechanism applicable to all City Gas Distribution entities, oil marketing companies, LPG distributors, and retail outlets.
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Mid-and small-cap firms deliver stronger Q2 results than large-caps: Repor
Updated : 3 months, 3 weeks ago IST
Mid-cap and small-cap companies delivered better-than-expected results in the second quarter of FY26, outperforming large-cap firms, according to a report by Antique, a stock broking company.
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Oil PSUs LPG losses stands at Rs 53,700 cr, likely to get Govt subsidy of
Updated : 3 months, 3 weeks ago IST
Oil Marketing Companies (OMCs) continue to face heavy financial pressure from LPG under-recoveries, even as the government prepares to release subsidies over the coming months, highlighted a report by Nuvama Research.
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Despite US sanctions on Russian crude, margins of Indian oil companies to
Updated : 3 months, 4 weeks ago IST
The margins of India's oil marketing companies (OMCs) are unlikely to come under significant pressure despite the United States imposing sanctions on two of Russia's largest crude oil producers, Rosneft and Lukoil, according to a report by Fitch Ratings.
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Crude oil prices surge as US shutdown ends, experts bearish on oil outlook
Updated : 4 months ago IST
US senators on Sunday reached a bipartisan deal to reopen the government after a record 40-day shutdown. The agreement, backed by at least eight Senate Democrats, would fund the government through January 30 and include a vote on extending Affordable Care Act subsidies in December.
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International crude oil defies US sanctions, prices cool off after 5% surg
Updated : 4 months, 3 weeks ago IST
International crude oil prices traded largely range bound Friday, oscillating between marginal gains and losses, with analysts attributing them to mild profit booking.
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ONGC expects crude oil prices to stay around USD 65 per barrel in current
Updated : 5 months ago IST
Oil and Natural Gas Corporation (ONGC) expects global crude oil prices to stay between USD 60 and USD 65 per barrel in the current market situation. The company said it is preparing for a steady phase of operations in a USD 60-per-barrel environment and is not anticipating any major decline
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Commercial LPG cylinder prices hiked by Rs 15.50, no change in domestic ra
Updated : 5 months, 1 week ago IST
Oil marketing companies have revised the prices of commercial LPG cylinders with effect from Wednesday October 1st.
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