Oil Marketing Companies to ration LPG supplies amid West Asia con

Due to the current West Asia geopolitical situation and blockade on LPG imports, available supplies are being...

UBS flags margin risks for Indian OMCs as crude volatility intens

A research note from UBS has flagged rising risks for India's state-owned oil marketing companies as crude oil...

India’s LPG prices still lower than neighbours despite price hike

Despite the Rs 60 increase in the Domestic 14.2 kg Liquefied Petroleum Gas (LPG) cylinder, LPG prices in India...

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...

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...

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...

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...

"LPG price increase will enable oil companies to offset their...

In a post on X, Hardeep Puri said, "We have been providing affordable LPG cylinders to our customers before, and...

Govt taking steps to strengthen strategic petroleum reserves

Government and OMCs evaluate, from time to time, the possibility of augmentation of storage capacities based on...