OMCs' FY24 combined profit rose over 25-times year-on-year

According to the Ministry of Petroleum and Natural Gas, the combined profit of OMCs for FY 2023-24 stood at Rs...

India slashes windfall tax on petroleum crude

The central government has reduced windfall tax on crude petroleum, according to a government notification. The...

Prices of commercial LPG cylinders slashed by Rs 19

Bringing a measure of respite to the people, especially the middle and lower-income sections, amid the polling...

Oil companies reduce 19 kg commercial, 5 kg FTL cylinde pricesr

Oil marketing companies reduced the prices of 19 kg commercial cylinders and 5 kg FTL (Free trade LPG) cylinders.

PSU oil companies announce incentive for ethanol production

Oil marketing companies in the public sector have announced an incentive of Rs 6.87 per litre for the production...

Oil marketing companies raise prices of commercial LPG

Effective from November 1, the retail price of the 19 Kg commercial LPG gas cylinder in Delhi will see a hike of Rs...

Commercial LPG prices hiked by Rs 209

In a major setback to LPG consumers, Public sector Oil Marketing Companies (OMCs) have hiked the price of 19 KG...

Pakistan government fears oil crisis as depots run dry

The Pakistan government fears an oil crisis as retail outlets of some oil marketing companies (OMCs) were reportedly...

Commercial LPG prices cut by Rs 158

In a major relief to LPG consumers, Public sector Oil Marketing Companies (OMCs) have made price revisions for...

E20 fuel currently sold at over 1,900 pumps: MoS Rameswar Teli

Public sector oil marketing companies (OMCs) started selling E20 petrol in February 2023 and it is currently being...

Commercial LPG gas cylinder price hiked by Rs 7

Public sector Oil Marketing Companies(OMCs) have increased the prices of commercial LPG gas cylinders by Rs 7 a...

India's 2023-24 fuel demand to grow by mid-single-digit: Fitch

Fitch Ratings expects India's petroleum product demand in during 2023-24 to grow by a mid-single-digit percentage...