Back to homepage

Tag "Oil marketing company"

IOC Q2FY23 Results: Oil marketing company reports Rs 272 cr loss for second straight quarter

IOC Q2FY23 Results: Oil marketing company reports Rs 272 cr loss for second straight quarter

🕔18:56, 29.Oct 2022

New Delhi, October 29, 2022: IndianOil reported Revenue from Operations of ₹4,80,292 crores for the period April – September 2022 as compared to ₹3,24,820 crores in corresponding period of Financial Year 2021-22. The Net Loss for the six months ended 30th September 2022 is

Read Full Article
Jet fuel prices hiked, air fares to rise

Jet fuel prices hiked, air fares to rise

🕔13:22, 1.Apr 2022

New Delhi, April 1 (IANS) High crude oil prices led India’s OMCs to hike aviation turbine fuel (ATF) price on Friday. Accordingly, in the national capital, the price of jet fuel was raised to Rs 1,12,924.83 per kilolitre (kl) from Rs

Read Full Article
Fuel prices remain unchanged even as global oil rates firm up

Fuel prices remain unchanged even as global oil rates firm up

🕔11:42, 10.Nov 2021

New Delhi, Nov 10 (IANS) After big cuts in petrol and diesel prices following centre and states reducing taxes, fuel prices have remained unchanged providing further relief to consumers. Accordingly, petrol and diesel prices continued to be stable for sixth consecutive

Read Full Article
Petrol, diesel price rise continues to be on pause after duty cuts

Petrol, diesel price rise continues to be on pause after duty cuts

🕔10:43, 8.Nov 2021

New Delhi, Nov 8 (IANS) After big cuts in petrol and diesel prices following the Centre and states reducing taxes, fuel prices have remained unchanged providing further relief to consumers. Accordingly, petrol and diesel prices remained unchanged for the fourth consecutive

Read Full Article
Bharat Petroleum’s Q2FY22 YoY consolidated net profit up 23.6%

Bharat Petroleum’s Q2FY22 YoY consolidated net profit up 23.6%

🕔05:30, 30.Oct 2021

Mumbai, Oct 30 (IANS) Oil marketing company Bharat Petroleum on Friday reported a rise of 23.6 per cent in its Q2FY22 consolidated net profit, on a year-on-year basis. Its consolidated net profit rose to Rs 3,200.9 crore from Rs 2,589.5 crore

Read Full Article
Relief for consumers as fuel rates unchanged for 2nd day

Relief for consumers as fuel rates unchanged for 2nd day

🕔11:20, 26.Oct 2021

New Delhi, Oct 26 (IANS) Petrol and diesel prices remained unchanged for a second consecutive day on Tuesday, providing relief to consumers after the rates spiked to historic highs almost everyday for the past couple of months. With no change in

Read Full Article
Fuel price hike paused after 5 days of increase

Fuel price hike paused after 5 days of increase

🕔11:02, 25.Oct 2021

New Delhi, Oct 25 (IANS) The price hike of petrol and diesel paused on Monday after increasing for the last five days to reach their highest-ever levels across the country. Accordingly, the pump price of petrol in Delhi remained at Rs

Read Full Article
Fuel prices on a roll, hiked again by 35 paise/litre

Fuel prices on a roll, hiked again by 35 paise/litre

🕔11:17, 22.Oct 2021

New Delhi, Oct 22 (IANS) Petrol and diesel prices rallied to their highest ever levels across the country, as fuel rates were hiked again for the third consecutive day on Friday. Accordingly, the pump price of petrol in Delhi rose by

Read Full Article
No hike in fuel prices on Monday, relief for consumers facing historic high rates

No hike in fuel prices on Monday, relief for consumers facing historic high rates

🕔11:35, 18.Oct 2021

New Delhi, Oct 18 (IANS) Petrol and diesel prices remained unchanged on Monday after increasing for four consecutive days as oil marketing companies (OMC) decided to pause to see developments in the global oil market before taking the next step. Accordingly,

Read Full Article
Fuel rates hiked again, petrol at Rs 105.84/ltr in Delhi

Fuel rates hiked again, petrol at Rs 105.84/ltr in Delhi

🕔08:43, 17.Oct 2021

New Delhi, Oct 17 (IANS) Petrol and diesel prices on Sunday rallied to their highest ever levels across the country, as fuel rates were hiked again by 35 paise a litre. The price of petrol in Delhi rose to its highest-ever

Read Full Article
Petrol, diesel prices rise on hold for 2nd consecutive day

Petrol, diesel prices rise on hold for 2nd consecutive day

🕔14:55, 13.Oct 2021

New Delhi, Oct 13 (IANS) Petrol and diesel price rise remained paused again on Wednesday much to the relief of consumers faced with an unprecedented increase in auto fuel prices for the past one month that has taken retail rates to

Read Full Article
Petrol, diesel prices rise again on fresh surge in global oil prices

Petrol, diesel prices rise again on fresh surge in global oil prices

🕔13:46, 8.Oct 2021

New Delhi, Oct 8 (IANS) Prices of auto fuels petrol and diesel rose on Friday too as global oil surged again, with benchmark Brent crude gaining over 1 per cent to cross $83 a barrel. Diesel prices increased by a sharp

Read Full Article
Petrol, diesel prices rise again even as global oil softens

Petrol, diesel prices rise again even as global oil softens

🕔12:14, 7.Oct 2021

New Delhi, Oct 7 Prices of auto fuels petrol and diesel rose sharply on Thursday even though global oil showed signs of softening with benchmark Brent crude falling to just over $80 a barrel from previous days high of over

Read Full Article
IOC bets big on petrochemicals, forward integration into textile biz

IOC bets big on petrochemicals, forward integration into textile biz

🕔14:20, 21.Sep 2020

New Delhi, Sep 21  Country’s largest oil marketing company Indian Oil Corporation proposes to leverage its growing petrochemical operations to expand textile business as it looks to diversify operations and offset risks associated with oil operations. At a recent Asia

Read Full Article
IOC stops fuel supply, Jet secures other sources

IOC stops fuel supply, Jet secures other sources

🕔20:00, 10.Apr 2019

New Delhi/Mumbai, April 10  The country’s largest oil marketing company (OMC) Indian Oil Corporation (IOC) has once again stopped fuel supply to Jet Airways. However, the airline said that other fuel retailers continue to supply its aircraft. According to a

Read Full Article
IOC resumes fuel supply to Jet after assurances

IOC resumes fuel supply to Jet after assurances

🕔06:37, 6.Apr 2019

New Delhi/Mumbai, April 6  The country’s largest oil marketing company (OMC) Indian Oil Corporation (IOC) resumed fuel supply to Jet Airways within hours of effecting a cut on it, thus preventing further disruption of services of the airline that is

Read Full Article
Diesel deregulation to help OMCs: Fitch

Diesel deregulation to help OMCs: Fitch

🕔10:46, 22.Oct 2014

New Delhi, Oct 22  International ratings agency Fitch Tuesday said that deregulation of diesel prices will have a positive effect on the country’s three oil marketing companies (OMCs) that are the principal retailers of petroleum products in India. “The decision

Read Full Article