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DIESEL SALES 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...- Will Nifty, Sensex plunge for 9th straight week? TCS Q2, RBI MPC among 4 factors to drive Dalal Street from MondayIndia's stock market has faced a challenging downturn, marking eight weeks of losses, the longest in 25 years. Driving this trend are soari...
- 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's commercial vehicle market just had its best year in seven. Then the June quarter arrived, and margins fellThere is, at this point, an apparent contradiction at work in the Indian commercial vehicles space. One: FY 2026 was the best of the last s...
- 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...
- Cheaper at pumps, costlier in bulk: Jio-bp, Nayara cap diesel sales; PSUs may follow: ReportJio-bp and Nayara Energy have capped diesel purchases at their petrol pumps as industrial and bulk buyers shift to cheaper retail fuel, wid...
- Global Market Today: Asian stocks waver on inflation, rate concernsGovernment bonds in Japan, Australia and New Zealand retreated, following declines in Treasuries during the New York session. Weak demand a...
- 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...
- How Trump's war on EVs derailed America's auto-factory revival | ExplainedUS electric vehicle projects and jobs face setbacks due to policy shifts. Automakers canceled billions in investments and thousands of jobs...
- State oil companies lose up to 35% bulk diesel salesState oil companies are grappling with substantial bulk diesel sales losses as numerous large customers pivot to retail pumps to evade soar...
- Russia is one of the world's top oil producers, so why is it still importing petrol from IndiaRussia is rationing petrol domestically as Ukrainian drone strikes damage its oil refineries. The nation continues crude oil production whi...
- These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analystsEven if the ongoing conflict in the Gulf settles anytime soon (and we certainly hope it does), don’t be surprised if the Nifty and Sensex r...
- The ET Startup Awards 2026: Nominees for Best on Campus and Comeback KidHappy Tuesday! We are excited to bring you the 12th edition of The Economic Times Startup Awards (ETSA). In the run-up to the coveted honou...
- Iran war ushers in oil refining golden era. It won't lastWar-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...
- Oil PSUs' June quarter losses miss govt's ₹75,000 crore estimate by wide marginState-run oil firms reported combined net losses of ₹18,149 crore in the June quarter. This figure was significantly lower than the governm...
- IOC slips into loss in Q1 on holding fuel prices despite rise in costIndian Oil Corporation reported losses for the June quarter that were lower than analysts expected. This was largely due to efficiency impr...
- Petrol price cut by Rs 2/litre; no change in diesel rateIn a better-than expected cut, Indian Oil Corporation will reduce petrol prices by Rs 2 per litre with effect from midnight.
- OMCs see their losses on diesel sales widen to Rs 6.08 per litreBesides diesel, the oil firms currently lose Rs 17.72 per litre on PDS kerosene sales and Rs 272.19 per 14.2-kg LPG cylinder.
- Reliance seeks subsidy for losses on sale of petrol, dieselReliance Industries, India's largest private sector oil firm, has sought government subsidy at par with public sector oil companies to comp...
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