Search For "refining margins"
UBS flags margin risks for Indian OMCs as crude volatility intensifies ami
Updated : 5 days, 3 hours 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, 3 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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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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Fitch lowers risk for credit metrics of Indian oil marketing firms
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], February 16 (ANI): The sustained strength of marketing margins and recovering demand for petroleum products is supporting the profitability of India's oil marketing companies against weak gross refining margins (GRMs), thereby lowering downside risks for thei
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Fitch affirms Hindustan Petroleum at BBB-minus with negative outlook
Updated : 5 years, 5 months ago IST
Singapore, October 9 (ANI): Fitch Ratings has affirmed Hindustan Petroleum Corporation Ltd's (HPCL's) long-term foreign currency issuer default rating at BBB-minus with a negative outlook.
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Fitch affirms Bharat Petroleum at BBB-minus with negative outlook
Updated : 5 years, 6 months ago IST
Singapore, September 9 (ANI): Fitch Ratings has affirmed Bharat Petroleum Corporation Ltd's (BPCL's) long-term foreign-currency issuer default rating at BBB-minus with a negative outlook.
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HPCL's Q2 profit drops by 4 pc to Rs 1,053 crore as refining margins plung
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 7 (ANI): Hindustan Petroleum Corporation Ltd (HPCL) on Thursday posted a standalone net profit of Rs 1,052 crore for the quarter ended September 30, down by 4 per cent compared to the same period of last fiscal year.
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