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Diesel costlier as oil firms push pump prices, petrol remains steady

Diesel costlier as oil firms push pump prices, petrol remains steady

🕔12:12, 25.Jul 2020

New Delhi, July 25  Oil marketing companies on Saturday raised diesel prices by 15 paisa/litre as OMCs revised pump prices. This rise in price came after the prices were held steady for sometime. While the price of diesel was at

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Petrol, diesel prices remain unchanged across metros

Petrol, diesel prices remain unchanged across metros

🕔13:13, 24.Jul 2020

New Delhi, July 24  Oil marketing companies kept the retail prices of petrol and diesel unchanged on Friday. This is the fourth consecutive day when diesel prices have remained static after these were increased the previous weeks on more than

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Oil companies hold diesel, petrol prices for 3 consecutive days

Oil companies hold diesel, petrol prices for 3 consecutive days

🕔11:25, 23.Jul 2020

New Delhi, July 23  Oil marketing companies decided to keep the pump prices of petroleum products petrol and diesel unchanged on Thursday. This is the third consecutive day when auto fuel prices have remained static after diesel prices were increased

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Diesel, petrol prices remain unchanged

Diesel, petrol prices remain unchanged

🕔14:51, 14.Jul 2020

New Delhi, July 14 A day after diesel prices were increased to extend its gain over petrol in Delhi, oil marketing companies decided to keep the pump prices of the two petroleum products unchanged on Tuesday. Accordingly, diesel continues to be

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Petrol, diesel prices go for a longer pause; LPG, ATF rises

Petrol, diesel prices go for a longer pause; LPG, ATF rises

🕔12:25, 1.Jul 2020

New Delhi, July 1  Fuel prices seem to have gone for a longer pause after rising for 22 of the past 25 days as oil marketing companies (OMC) kept the pump prices of petrol and diesel unchanged again on Wednesday.

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Petrol, diesel prices go for pause, relief likely ahead

Petrol, diesel prices go for pause, relief likely ahead

🕔17:33, 30.Jun 2020

New Delhi, June 30  Fuel prices have gone for a pause after rising on 22 of the past 24 days as oil marketing companies (OMC) kept the pump prices of petrol and diesel unchanged on Tuesday. In the national capital,

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Petrol, diesel prices rise for sixth consecutive day

Petrol, diesel prices rise for sixth consecutive day

🕔18:45, 12.Jun 2020

New Delhi, June 12 Petrol and diesel prices are continuously becoming expensive for the common man with oil marketing companies (OMCs) raising the fuel prices by about 60 paise per litre on Friday. The auto fuel prices have now risen for

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People pay more for fuel but OMCs on way to record-high marketing margins

People pay more for fuel but OMCs on way to record-high marketing margins

🕔17:31, 5.May 2020

New Delhi, May 5  State-owned oil marketing companies (OMCs) including Indian Oil, BPCL, and HPCL may see significant erosion in the earnings during the January-March quarter of FY20 even though low crude and product prices jacked up their margins on

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Dealers demand stimulus package from oil companies

Dealers demand stimulus package from oil companies

🕔17:15, 12.Apr 2020

Chennai, April 12  The Consortium of Indian Petroleum Dealers (CIPD) on Saturday demanded a financial stimulus package from the oil marketing companies (OMCs) as their members are incurring losses due to the Covid-19 induced lockdown. In a letter to the

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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

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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

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Indian companies to buy Iranian oil in November: Minister

Indian companies to buy Iranian oil in November: Minister

🕔16:10, 16.Oct 2018

New Delhi, Oct 16  State-run oil marketing companies (OMCs) have placed orders for importing crude oil from Iran next month when US sanctions on Tehran are due to take effect, Petroleum Minister Dharmendra Pradhan said on Tuesday. Reiterating India’s stand,

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OMC lost opportunity to earning Rs 1,838.98 cr revenue: CAG

OMC lost opportunity to earning Rs 1,838.98 cr revenue: CAG

🕔20:00, 26.Mar 2018

Bhubaneswar, March 26  The Odisha Mining Corporation (OMC) could not achieve the targeted production of ores during 2012-17 resulting in loss of opportunity to earn revenue of Rs 1,838.98 crore, said a CAG report tabled in the state assembly on

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Sales boost OMCs’ stock outlook, margins more important : Jefferies

Sales boost OMCs’ stock outlook, margins more important : Jefferies

🕔20:30, 12.Dec 2017

New Delhi, Dec 12 (IANS) Higher sales remain a tailwind for Indian state-run oil marketing companies (OMCs), US investment banker Jefferies’ Indian arm said on Tuesday, reaffirming its ‘Buy’ rating on Indian Oil Corp (IOC) stock, which analysts preferred over Bharat

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OMCs hike petrol pump dealers’ commissions

OMCs hike petrol pump dealers’ commissions

🕔14:29, 4.Aug 2017

New Delhi, Aug 4  State-run oil marketing companies (OMCs) have hiked commissions paid to fuel pump dealers by up to 43 per cent for petrol and by up to 59 per cent for diesel, effective from the start of this

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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

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