Search For "oil market"
TruAlt Bioenergy Secures Oil Marketing Company (OMC) Status, Set to Launch
Updated : 9 months ago IST
Bengaluru (Karnataka) [India], June 12: In a landmark development for India's energy transition, TruAlt Bioenergy Limited, India's largest ethanol producer and one of the country's leading integrated biofuels companies, has been officially granted authorisation as an Oil Marketing Company (O
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Commercial LPG cylinder price cut by Rs 24; new rates effective from June
Updated : 9 months, 2 weeks ago IST
The retail price of a 19 kg commercial LPG cylinder in the national capital will now be Rs 1,723.50.
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India to be key player in framing global energy dynamics: S&P Global C
Updated : 9 months, 3 weeks ago IST
India is expected to play an integral role in global energy dynamics, as the country emerges as a source of energy demand optimism, overpowering the headwinds faced by the global oil markets, S&P Global Commodity Insights said on Wednesday.
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Oil companies losses on LPG expected to decrease by around 45% in FY26 if
Updated : 10 months ago IST
LPG losses incurred by oil marketing companies (OMCs) are expected to decrease by around 45 per cent in FY26 if crude oil prices remain stable at USD 65 per barrel, according to a report by CareEdge Ratings.
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Oil companies' losses on LPG will reduce to Rs 160/cyl with Rs 50 hike in
Updated : 11 months, 1 week ago IST
Oil marketing companies (OMCs) are likely to see a big drop in losses on selling domestic LPG cylinders over the next few months due to the recent LPG price hike and falling international fuel prices, according to a report by Antique Stock Broking.
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IndianOil to set up petrochemicals complex at Paradip for Rs 61,077 crore,
Updated : 11 months, 1 week ago IST
With an investment of Rs 61,077 crore, this marks IndianOil's largest-ever investment at a single location, the state-owned oil marketing company said in a statement Tuesday.
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Oil marketing companies reduce prices of commercial LPG cylinders by Rs 41
Updated : 11 months, 2 weeks ago IST
Oil marketing companies have announced a reduction in the prices of 19 kg commercial LPG gas cylinders by Rs 41, effective from Tuesday.
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Trump's Presidency expected to bring good news for oil market: Vanda Insig
Updated : 1 year ago IST
In agreement with petroleum minister Hardeep Puri's observation that the "Trump presidency is good news for oil", Vandana Hari of Singapore-based Vanda Insights asserted that the year 2025 will be calmer for the oil sector.
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IEA, OPEC will share insights on oil market during India Energy Week
Updated : 1 year, 1 month ago IST
IEW 2025 is scheduled to take place from February 11-14 in New Delhi's Yashobhoomi.
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OMCs face near-term pressure amid absence of budgetary support for under-r
Updated : 1 year, 1 month ago IST
"In the near term, OMCs will remain under pressure mainly due to (1) the absence of budget support for LPG under-recovery; (2) weak Singapore Benchmark GRM at USD 2.4/bbl Q4TD vs. spot of USD 9.6/bbl; and (3) integrated margins on auto fuel at Rs8/lt vs. long term avg. of Rs11.5/lt." says th
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Commercial LPG cylinders price reduced by Rs 7 on Saturday
Updated : 1 year, 1 month ago IST
Oil marketing companies have reduced the prices of commercial LPG gas cylinders on Saturday.
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Lower Brent prices to support margins for Indian fuel refiners: Fitch
Updated : 1 year, 1 month ago IST
Indian oil marketing companies' EBITDA will rise in the next financial year - 2025-26 -- as demand growth remains steady and Brent crude oil prices fall -- to USD 70 a barrel in 2025 and USD65 a barrel in 2026, said Fitch Ratings.
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