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OMC FUEL MARKETING LOSSES
Petrol margins turn positive as OMC fuel marketing losses ease in Q2FY27: ReportFuel marketing losses of state-run oil marketing companies (OMCs) narrowed sharply in the September quarter, helped by lower crude oil pric...
Nifty earnings seen rising 27%, strongest growth in 17 quarters in Q2: Motilal OswalIndia’s Q2FY27 earnings season is expected to mark a strong recovery in corporate profitability, with Nifty 50 earnings projected to grow 2...
Dollar holds losses as markets await Fed minutes, speakersThe US dollar faced a downturn while European bond markets began to stabilize, affecting overall currency landscapes. Traders are eyeing th...
High ATF prices put airline routes at risk as West Asia crisis raises costsIndian airlines have warned the civil aviation ministry that elevated ATF prices, longer flight paths, airspace restrictions, higher crew c...
Farmers say no to early sugarcane crushing, demand compensation and higher sugar, ethanol prices firstFarmers' organizations in Maharashtra and Karnataka are resisting the government's early sugarcane crushing proposal. They demand compensat...
Govt may consider ATF price stabilisation fund for airlines amid soaring fuel costsAmid increasing jet fuel prices, the Indian government is exploring options to stabilize aviation turbine fuel costs. The discussions invol...
Global Market: Gulf oil flows rebound to 81% of pre-war levels in SeptemberGulf oil flows excluding Iran recovered to 81% of pre-war levels in September, supported by a sharp rebound in Saudi Arabian exports. Crude...
Govt eyes Made-in-India civil aircraft in 2 years; discusses high jet fuel prices with airlines, OMCs: NaiduIndia could have its first indigenous civilian aircraft within two years through a joint venture, Civil Aviation Minister K Rammohan Naidu ...
Global Market Today: Asian stocks rise after US tech rally, oil dipsMSCI’s Asia Pacific Index edged up 0.1%. Earlier, shares climbed on Wall Street after a rally in Nvidia Corp. and Microsoft Corp. helped th...
India may be best placed to fill a China-sized hole in fuel exportsIndia could emerge as a key swing supplier of refined fuels as China suspends October exports, helped by recovering Middle Eastern crude im...
Trump’s diesel squeeze may put Indian refiners in a sweet spot, and a bindA potential US diesel export ban could worsen an already tight global fuel market by removing about 1.2 million barrels a day of supply at ...
Nayara Energy raises petrol price by Rs 5, diesel by Rs 3Nayara Energy has raised petrol prices by Rs 5 a litre and diesel by Rs 3 across its more than 7,000 fuel stations as higher crude and refi...
India will ask private fuel retailers to end sales rationingIndia's Oil Secretary Neeraj Mittal announced that private fuel retailers must not ration fuel sales. Despite rising oil prices, there have...
Crude surged. Why didn’t India’s petrol prices?As the West Asia conflict drove up oil costs, India kept a much larger rise from reaching the pump. This explainer dives into how protectio...
New LPG Aadhaar rule from October 1: Check Aadhaar authentication process, what to do if biometric verification is incomplete and other FAQsLPG Aadhar rules: From October 1, Biometric Aadhaar Authentication will be required for domestic LPG consumers to book refills. Consumers c...
Aadhaar authentication for LPG subsidy: Will your gas supply be stopped if you fail to authenticate UID before October 1, 2026?From October 1, 2026, all domestic LPG consumers will need to undergo Biometric Aadhaar Authentication to access subsidies. This process is...
50 litres per customer: Private pumps ration diesel as oil shock deepensPrivate fuel retailers have started limiting diesel sales at their pumps due to rising crude prices. Several Jio-BP outlets have imposed ca...
LPG losses reach Rs 300/cylinder, OMCs’ petrol, diesel margins turn negative; daily hit at Rs 530 crore: ICRAOMCs are facing mounting pressure as elevated crude oil prices push petrol and diesel marketing margins into negative territory, while dome...
Oil firms face Rs 530 crore daily fuel losses as crude surges: ICRAState-run oil marketing companies IOC, BPCL and HPCL are facing losses of about Rs 8 a litre on petrol and Rs 9 on diesel as crude prices s...
Crude shock to hit oil companies' margins, but refining gains could save Q2 showOil breached $100 a barrel this month with Brent crude at around $107 as US-Iran clashes stoked supply fears. Retail fuel marketing margins...