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No Cut In Petrol, Diesel Prices Despite Oil At 6-Month Low Because...
International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel - the most used fuel in the country, officials said.
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Refinery Margins To Offset Oil Companies' Losses On Holding Fuel Prices: Fitch
Oil companies may suffer marketing losses in January-March 2022 for holding petrol and diesel prices, however refining margins should mitigate losses
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ONGC Sells Russia's Sokol Oil To HPCL, BPCL: Report
India's ONGC Videsh Ltd has sold at least one cargo of Russian Sokol oil to India refiners Hindustan Petroleum Corp and Bharat Petroleum Corp after failing to draw interest in a tender earlier this month, sources familiar with the matter said.
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India's ONGC Sells Russia's Sokol Oil To Indian Refiners - Report
ONGC Videsh Ltd reported to have sold one cargo of Sokol oil to Hindustan Petroleum and Bharat petroleum
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Petrol, Diesel Price Hikes To Restart From Next Week: Report
After remaining stable for months, petrol and diesel prices may see a hike after assembly elections come to an end next week, says a JP Morgan report
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Fuel Retailers To Ramp Up Charging Infrastructure For Electric Vehicles
The announcements by the country's fuel retailers came just days after Prime Minister chalked out plans to achieve net zero carbon emissions by 2070
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India's HMEL To Start Bathinda Cracker By March 2022
The cracker at the 230,000 barrels-per-day (bpd) refinery will have an annual capacity of 1.2 million tonnes.
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Domestic Fuel Sales Recover As Lockdown Restrictions Ease In India
Gasoline sales during June 1-15 jumped 13 per centand diesel sales rose 12 per cent, compared with the same period last month.
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Petrol, Diesel Price News (May 23, 2021): Petrol, Diesel Prices Hiked Again After Two-Day Pause
Petrol Diesel Prices On May 23: In the national capital, petrol prices were hiked by 17 paise and now are at Rs 93.21 per litre, while diesel prices have risen to cost Rs 84.07
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State Refiners Deepen Cuts To Saudi Oil Purchases In May: Report
The refiners - Indian Oil Corp, Bharat Petroleum Corp, Hindustan Petroleum Corp and Mangalore Refinery and Petrochemicals Ltd - normally buy 14.8 million barrels of Saudi oil a month.
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Hindustan Petroleum Launches Power 99 High Octane Fuel In Chennai
Power 99 can withstand the rise in temperature during the compression stroke that allows for superior combustion, which makes it apt for performance cars and motorcycles, as well as for racing.
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Government Plans To Fill Strategic Oil Storage By The Third Week Of May
The government plans to completely fill its strategic petroleum reserve (SPR) by the third week of May by moving about 19 million barrels into the sites by then, the managing director of the country's SPR said on Tuesday.
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Pay Monthly, Or Will Stop Fuel Supply At 6 Airports From October 18: Oil Companies To Air India
In a letter sent to Air India, the three oil PSUs -- Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) -- said "the outstanding has not come down considerably in the absence of the committed monthly lump sum payment".
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Petrol, Diesel Prices Will Rise If Crude Price Stays High: HPCL Chairman
India's Hindustan Petroleum Corp Ltd has said that price of petrol and diesel at retail outlets might go up if the price of crude stays at current levels.
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Sensex Edges Higher, SBI Rises Ahead Of Q4 Earnings
Oil marketing companies such as Hindustan Petroleum Corp Ltd (HPCL) and Indian Oil Corp Ltd (IOC) and BPCL were lower today, as oil prices hovered near multi-year highs.
-
No Cut In Petrol, Diesel Prices Despite Oil At 6-Month Low Because...
International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel - the most used fuel in the country, officials said.
-
Refinery Margins To Offset Oil Companies' Losses On Holding Fuel Prices: Fitch
Oil companies may suffer marketing losses in January-March 2022 for holding petrol and diesel prices, however refining margins should mitigate losses
-
ONGC Sells Russia's Sokol Oil To HPCL, BPCL: Report
India's ONGC Videsh Ltd has sold at least one cargo of Russian Sokol oil to India refiners Hindustan Petroleum Corp and Bharat Petroleum Corp after failing to draw interest in a tender earlier this month, sources familiar with the matter said.
-
India's ONGC Sells Russia's Sokol Oil To Indian Refiners - Report
ONGC Videsh Ltd reported to have sold one cargo of Sokol oil to Hindustan Petroleum and Bharat petroleum
-
Petrol, Diesel Price Hikes To Restart From Next Week: Report
After remaining stable for months, petrol and diesel prices may see a hike after assembly elections come to an end next week, says a JP Morgan report
-
Fuel Retailers To Ramp Up Charging Infrastructure For Electric Vehicles
The announcements by the country's fuel retailers came just days after Prime Minister chalked out plans to achieve net zero carbon emissions by 2070
-
India's HMEL To Start Bathinda Cracker By March 2022
The cracker at the 230,000 barrels-per-day (bpd) refinery will have an annual capacity of 1.2 million tonnes.
-
Domestic Fuel Sales Recover As Lockdown Restrictions Ease In India
Gasoline sales during June 1-15 jumped 13 per centand diesel sales rose 12 per cent, compared with the same period last month.
-
Petrol, Diesel Price News (May 23, 2021): Petrol, Diesel Prices Hiked Again After Two-Day Pause
Petrol Diesel Prices On May 23: In the national capital, petrol prices were hiked by 17 paise and now are at Rs 93.21 per litre, while diesel prices have risen to cost Rs 84.07
-
State Refiners Deepen Cuts To Saudi Oil Purchases In May: Report
The refiners - Indian Oil Corp, Bharat Petroleum Corp, Hindustan Petroleum Corp and Mangalore Refinery and Petrochemicals Ltd - normally buy 14.8 million barrels of Saudi oil a month.
-
Hindustan Petroleum Launches Power 99 High Octane Fuel In Chennai
Power 99 can withstand the rise in temperature during the compression stroke that allows for superior combustion, which makes it apt for performance cars and motorcycles, as well as for racing.
-
Government Plans To Fill Strategic Oil Storage By The Third Week Of May
The government plans to completely fill its strategic petroleum reserve (SPR) by the third week of May by moving about 19 million barrels into the sites by then, the managing director of the country's SPR said on Tuesday.
-
Pay Monthly, Or Will Stop Fuel Supply At 6 Airports From October 18: Oil Companies To Air India
In a letter sent to Air India, the three oil PSUs -- Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) -- said "the outstanding has not come down considerably in the absence of the committed monthly lump sum payment".
-
Petrol, Diesel Prices Will Rise If Crude Price Stays High: HPCL Chairman
India's Hindustan Petroleum Corp Ltd has said that price of petrol and diesel at retail outlets might go up if the price of crude stays at current levels.
-
Sensex Edges Higher, SBI Rises Ahead Of Q4 Earnings
Oil marketing companies such as Hindustan Petroleum Corp Ltd (HPCL) and Indian Oil Corp Ltd (IOC) and BPCL were lower today, as oil prices hovered near multi-year highs.
