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OMC CASE
Behind the petrol pump: Why fuel retailers losing Rs 7-8 per litre need $85 crude oil to stop bleeding cashOil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barre...- SBI Report: No direct impact of oil price hike on India's fiscal situationFuel prices have risen by Rs 3 per litre. This move aims to reduce losses for oil companies. SBI's research report Ecowrap suggests that th...
- Strait of Hormuz is now India's biggest market risk, says Ashi AnandIndian markets await clarity on Strait of Hormuz shipping. Ashi Anand of IME Capital suggests a defensive market approach. Oil prices near ...
- A Rs 3 hike makes India’s inflation battle somewhat harderIndian Oil Marketing Companies have increased petrol and diesel prices by Rs 3 per litre each, and CNG by Rs 2/kg, following daily losses o...
- The Rs 3 relief that wasn't: Why investors are dumping oil stocks after long-awaited petrol, diesel price hikeShares of HPCL and BPCL fell up to 3% despite the first fuel price hike since 2022, as investors worried the increase would not offset moun...
- Modi’s toughest economic test may demand more than appealsPrime Minister Narendra Modi faces economic headwinds. Appeals for reduced consumption of imported goods like oil and gold may not suffice....
- Oil & gas sector outlook 2026: Higher brent prices seen boosting upstream firms, hurting OMC marginsGlobal oil markets have shifted dramatically. Geopolitical tensions have caused a surge in Brent crude prices. Supply disruptions are a maj...
- Rising energy bills: How EVs, rooftop solar, induction cooking can protect your household budget and how much they actually costFuel prices are volatile, electricity tariffs are rising, and your LPG cylinder is at the mercy of global events. Here’s how switching to a...
- Petrol-diesel price hike coming soon? Why IMF says it mustSpeculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...
- ‘We are not like India...’: Pakistan minister admits on live TV country has no strategic oil reserves, says stock only for five to seven daysPakistan's energy vulnerability is highlighted as Petroleum Minister Musadik Malik revealed that Islamabad possesses only a few days of cru...
- OMCs push for increase in LPG, petrol, diesel, ATF prices as losses mountOil prices are soaring, pushing the govt to consider raising fuel costs. State-run companies are facing significant losses due to the sharp...
- Oil firms selling petrol at Rs 14 a litre loss, diesel at Rs 18Indian oil companies face substantial losses on petrol and diesel sales. Elevated crude oil prices are squeezing marketing margins. Cooking...
- Probal Sen flags muted quarter for Reliance as O2C weakness weighsReliance Industries anticipates a subdued earnings report this quarter. The oil-to-chemicals segment faces pressure, impacting overall numb...
- Decontrol oil prices and replace cross-subsidies with targeted DBTs for needy householdsDuring recent global crude price volatility linked to West Asia tensions, retail fuel prices in India remained largely unchanged, unlike in...
- Earnings vs signals: Q4 results may matter more than they lookThe March quarter earnings season arrives at an inflection point, with stable numbers masking underlying economic shifts. Escalation of the...
- Crude oil prices to stay high as Hormuz Strait crisis deepens; Probal Sen on what it means for Indian marketsIndia's oil producers and refiners face a volatile energy market. Disruptions in the Strait of Hormuz are causing crude oil prices to rise ...
- Deploy 25% of capital now, accumulate banks and NBFCs: Devarsh Vakil on navigating the crude oil crisisIndian markets face turmoil from geopolitical conflict, surging oil prices, and a weakening rupee. HDFC Securities' Devarsh Vakil advises a...
- OMC case: Suspended IAS officer remanded in judicial custodySuspended IAS officer Y Srilakshmi, an accused in the Obulapuram Mining Company (OMC) scam, today surrendered before a special CBI court.
- Rajagopal gets interim bail in OMC caseThe court granted Rajagopal the interim relief for 15 days following demise of his father-in-law today, said CBI Deputy Legal Advisor B Rav...
- OMC mining scam: Janardhan Reddy files bail pleaGali Janardhan Reddy chargesheeted in the Obulapuram Mining Company (OMC) "scam" again moved a local court.
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