Oil PSUs LPG losses stands at Rs 53,700 cr

Oil Marketing Companies (OMCs) continue to face heavy financial pressure from LPG under-recoveries, even as the...

Despite US sanctions on Russian crude, margins of Indian oil...

The margins of India's oil marketing companies (OMCs) are unlikely to come under significant pressure despite the...

Commercial LPG cylinder prices hiked by Rs 15.50

Oil marketing companies have revised the prices of commercial LPG cylinders with effect from Wednesday October 1st.

LPG losses of oil companies narrows 35% QoQ in Q1FY26: Report

The LPG under-recovery for Oil Marketing Companies (OMCs) witnessed a sharp decline in the first quarter of FY26,...

Hardeep Singh Puri hails Centre's Rs 30000 crore compensation

Despite a 63% hike in Saudi CP, the Modi government has kept LPG prices stable, insulating mothers and sisters...

Cabinet approves Rs 30,000 crore as compensation to oil companies

The Union Cabinet chaired by Prime Minister Narendra Modi has approved compensation amounting to Rs 30,000 crore to...

Commercial LPG cylinder price cut by Rs 33.50

Oil marketing companies have reduced the price of a 19 kg commercial LPG gas cylinder by Rs 33.50, with the revised...

Delhi: Commercial LPG cylinder price reduces by ₹58.50

While in Delhi, with the latest revision, the retail sale price of a 19 kg commercial LPG cylinder was set at Rs...

Any escalation in Middle-East crisis will impact OMCs in India

Any further escalation in the Middle-East crisis or a sharp rise crude prices could pose a serious risk to...

Commercial LPG cylinder price cut by Rs 24

The retail price of a 19 kg commercial LPG cylinder in the national capital will now be Rs 1,723.50.

Oil companies losses on LPG expected to decrease by around 45%

LPG losses incurred by oil marketing companies (OMCs) are expected to decrease by around 45 per cent in FY26 if...

OMCs losses on LPG will reduce to Rs 160/cyl with Rs 50 hike

Oil marketing companies (OMCs) are likely to see a big drop in losses on selling domestic LPG cylinders over the...