New Delhi, April 8 Shares of oil marketing companies surged on Wednesday, with HPCL rising by nearly 10 per cent, as crude oil prices sharply declined to fall below the USD 100 mark following the announcement of a two-week ceasefire by the US and Iran.Brent crude, the global oil benchmark...
New Delhi, April 8 Shares of oil marketing companies soared on Wednesday, with HPCL rising by 9%, as crude oil prices sharply declined to fall below the $100 mark following the announcement of a two-week ceasefire by the US and Iran.Brent crude, the global oil benchmark, dropped by 14.03% to...
Nayara Energy Raises Petrol and Diesel Prices by Rs 5, Rs 3 Respectively
New Delhi, March 26 – Nayara Energy, India’s largest private fuel retailer, announced a price increase of Rs 5 per litre for petrol and Rs 3 per litre for diesel on Thursday, citing the recent surge in global oil prices...
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New Delhi, March 25 – Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) jointly asserted on Wednesday that there are no shortages of petrol, diesel, or LPG within the country. The companies urged citizens to disregard rumors...
New Delhi, March 20 The price of premium or higher-grade petrol increased by Rs 2 per litre on Friday, while the rate of bulk diesel sold to industrial users was hiked by about Rs 22 per litre, reflecting the spike in global oil prices amid the conflict in the Middle East.However, the price of...
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Oil Marketing Stocks Tumble as Crude Oil Prices Surge Amid Middle East Tensions
OMC Shares Decline Sharply on Margin Pressure Concerns
New Delhi, March 19: Shares of oil marketing companies (OMCs) witnessed a steep decline on Thursday as rising tensions in the Middle East pushed global crude oil...
Oil Marketing Company Stocks Fall in Pre Opening Trade as Crude Prices Surge Toward $120 per Barrel
Shares of major oil marketing companies (OMCs) including Hindustan Petroleum Corporation Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL), and Indian Oil Corporation Ltd (IOC) were trading...
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