Search For "refining margin"
UBS flags margin risks for Indian OMCs as crude volatility intensifies ami
Updated : 1 week ago IST
A research note from UBS has flagged rising risks for India's state-owned oil marketing companies as crude oil market volatility intensifies due to geopolitical tensions in West Asia.
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Russian crude curbs, lower oil prices to shape earnings outlook for IOC, B
Updated : 2 months, 3 weeks ago IST
Ongoing restrictions on Russian crude and refined product flows, coupled with an oversupplied global oil market, are expected to keep crude prices subdued while supporting refining margins, a trend that has direct implications for state-run oil marketing companies IOC, BPCL and HPCL, accordi
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Despite US sanctions on Russian crude, margins of Indian oil companies to
Updated : 3 months, 4 weeks ago IST
The margins of India's oil marketing companies (OMCs) are unlikely to come under significant pressure despite the United States imposing sanctions on two of Russia's largest crude oil producers, Rosneft and Lukoil, according to a report by Fitch Ratings.
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IndianOil H1 25-26 profit rises to Rs 13,299 crore as refining margins, sa
Updated : 4 months, 2 weeks ago IST
IndianOil reports its highest ever first-half sales volumes and a sharp rise in profit for April-September 2025, led by stronger refining margins and steady marketing, according to an IndianOil press release.
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Profit of oil companies will decrease in FY25 as refining margin drops
Updated : 1 year, 9 months ago IST
The Gross Refining Margin (GRM) of Indian oil companies in FY23 was at USD 16-18/ Barrel (bbl), in FY24 the GRM of Indian Refiners moderated to an average of USD 10 - 12/bbl. According to a report by CareEdge ratings, the GRM of oil companies will reduce further to USD 6-8 in FY25
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India again slashes windfall tax on petroleum crude
Updated : 1 year, 10 months ago IST
India started the windfall tax on crude oil producers and on exports of gasoline, diesel and the aviation fuel in July 2022, reportedly to regulate private refiners who wanted to sell fuel overseas instead of locally, to gain from firm refining margins.
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South Korean refiners optimistic about refining margins, secure ample Saud
Updated : 2 years ago IST
According to S&P Global Commodity Insights, despite Saudi Arabia's commitment to production cuts in the first quarter, feedstock managers ensured a steady flow of Saudi barrels, reflecting confidence in the market's resilience.
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Asian refiners craft contingency plans amid Red Sea crisis: S&P GCI
Updated : 2 years, 1 month ago IST
While immediate impacts on near-term oil supplies appear limited, the situation has refiners contemplating alternative routes to ensure uninterrupted feedstock supply, potentially leading to increased insurance costs and squeezed refining margins, according to S&P Global Commodity Insigh
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BPCL Creates History: Posts Highest Ever Half-Yearly Profit of Rs. 19,052
Updated : 2 years, 4 months ago IST
Mumbai (Maharashtra) [India], October 28: Bharat Petroleum Corporation Limited (BPCL), one of India's leading energy companies, has announced a remarkable financial achievement, reporting its highest ever half-yearly profit of Rs. 19,052 Crores for the fiscal year 2023-24. This achievement i
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Indian Oil Q3 net profit jumps 19 pc on higher refining margin
Updated : 4 years, 1 month ago IST
New Delhi [India], January 31 (ANI): Indian Oil Corporation Ltd reported a standalone net profit of Rs 5,861 crore for the December quarter of the fiscal year 2021-22 (Q3 FY22), a 19.19 per cent rise from a net profit of Rs 4,917 crore during the same period of the last financial year (FY21)
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Indian Oil Q3 net profit jumps 19 pc on higher refining margin
Updated : 4 years, 1 month ago IST
New Delhi [India], January 31 (ANI): Indian Oil Corporation Limited reported a standalone net profit of Rs 5,861 crore for the December quarter of the fiscal year 2021-22, a 19.19 per cent rise from a net profit of Rs 4,917 crore during the same period of the last financial year (FY21).
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IndianOil profit up at Rs 6,110 crore in Q1 due to inventory gains
Updated : 4 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 30 (ANI): Oil marketing firm IndianOil Corporation (IOC) said on Friday its Q1 consolidated net profit totalled Rs 6,110 crore in the April to June quarter, up 174 per cent from Rs 2,227 crore in Q1 of FY21.
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