Search For "oil marketing"
Commercial LPG cylinder price cut by Rs 24; new rates effective from June
Updated : 1 year ago IST
The retail price of a 19 kg commercial LPG cylinder in the national capital will now be Rs 1,723.50.
Read More
Oil companies losses on LPG expected to decrease by around 45% in FY26 if
Updated : 1 year 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.
Read More
Oil companies' losses on LPG will reduce to Rs 160/cyl with Rs 50 hike in
Updated : 1 year, 1 month 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.
Read More
IndianOil to set up petrochemicals complex at Paradip for Rs 61,077 crore,
Updated : 1 year, 1 month 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.
Read More
Oil marketing companies reduce prices of commercial LPG cylinders by Rs 41
Updated : 1 year, 2 months 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.
Read More
OMCs face near-term pressure amid absence of budgetary support for under-r
Updated : 1 year, 4 months 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
Read More
Commercial LPG cylinders price reduced by Rs 7 on Saturday
Updated : 1 year, 4 months ago IST
Oil marketing companies have reduced the prices of commercial LPG gas cylinders on Saturday.
Read More
Lower Brent prices to support margins for Indian fuel refiners: Fitch
Updated : 1 year, 4 months 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.
Read More
Nitin Gadkari to discuss with oil companies to make ethanol rates reasonab
Updated : 1 year, 4 months ago IST
Nitin Gadkari, Union minister for roadways, Thursday said he would hold a meeting with oil marketing companies after the Delhi elections, where they would discuss ways and means to make retail ethanol prices reasonable.
Read More
Cabinet raises price of molasses-made ethanol for current season
Updated : 1 year, 4 months ago IST
The government has approved the revision of ethanol procurement price for Public Sector Oil Marketing Companies (OMCs) for the Ethanol Supply Year (ESY) 2024-25 starting from November 1, 2024, to October 31, 2025, under the Ethanol Blended Petrol (EBP) Programme.
Read More
Commercial LPG cylinder prices hiked by Rs 16.5, domestic remained unchang
Updated : 1 year, 6 months ago IST
Oil marketing companies have raised the prices of commercial LPG gas cylinders with immediate effect.
Read More
Commercial LPG cylinder prices hiked by Rs 62, domestic rates unchanged
Updated : 1 year, 7 months ago IST
The rate of the widely used 19 kg commercial LPG cylinder has been increased by Rs 62, bringing the price in Delhi to Rs 1,802. Earlier the cost of commercial cylinder in the national capital was Rs 1,740.
Read More