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OIL PRICE DECONTROL
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...- Diesel decontrol, crude price fall likely to give major boost to IOCSince Brent crude is now trading at $58 per barrel, the same as on 31 December, IOC may not be forced to take a huge inventory loss in the ...
- Bearish on oil and gas space: Arvind Sanger, Geosphere Capital Management“Decontrol” remains decontrol in name only and there is clearly a grave reluctance on the part of the companies to raise prices.
- Oil decontrol sham: Crude oil prices at 5-year low, but consumers aren't reaping any benefitSome benefit was supposed to be passed on to consumers under a much touted decontrol of prices in the sector.
- Cheap crude makes room for big reformThe government needn’t be chary of decontrol in the fear that runaway fuel price rises would prove politically unpopular in the run-up to k...
- IOC stake sale, diesel price hike to fuel FII interest in state OMCsFIIs that traditionally avoid state refiners are awaiting clarity on divestment in Indian Oil and diesel price hike before buying into such...
- If govt continues to keep in check end product prices, Coal India will never flourish: Angel BrokingAs long as the government continues to keep in check the end product prices, I do not see any major future for these govt held companies.
- Can India afford fully free oil prices?Research suggests full decontrol can hit India's growth in the short term. With growth just about recovering, is oil price politics good fo...
- Half measureWhat the govt needs to do is remove excise duty on petrol, while allowing decontrol of diesel prices and letting its price go up.
- Include OMCs in your portflio: Sudip Bandyopadhyay"We will like to tell our investors to take some exposure on the entire oil marketing space with a objective of building a portfolio for th...
- OMC sctocks are expensive at the moment: Ambareesh Baliga"I do not see a further upside from here because the diesel decontrol is the next big trigger but that is already there in the price."
- Decontrol diesel pricesOil Secretary S Sundareshan says diesel price decontrol is unlikely in the near future, given high crude oil prices. This is perverted logi...
- RIL begins selling petrol at same rate as PSUs in GujaratMukesh Ambani-led Reliance Industries Limited said its petrol pumps across Gujarat have begun selling the fuel at the same rate as that of ...
- Bullish on Cairn, target 340 342: Ambareesh BaligaET Now spoke to Ambareesh Baliga, VP, Karvy Stock Broking Ltd, for a fundamental check on the oil stocks.
- Fuel hike to reduce oil subsidy by Rs 25k cr: CRISILCredit rating agency Crisil today said the government's move to decontrol petrol prices and hike the rates for cooking fuel and diesel will...
- Decontrol petroleum pricesThe Empowered Group of Ministers on petroleum pricing, constituted by Prime Minister Manmohan Singh, needs to go ahead and decontrol oil pr...
- Decontrol oil pricesFM has left the oil min little option other than to decontrol prices.
- Decontrol of fuel prices on government agendaOil ministry officials say the decontrol of pump prices of petrol and diesel remains on the government agenda.
- Oil stocks up on de-control buzzThe shares of state-oil marketing companies such as Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporatio...
- Remove price ceiling to free nat gas: GovtThe government has made its first move towards decontrolling natural gas prices by proposing to do away with the ceiling price binding on P...
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