Rising input costs continue to pressure Reliance’s O2C business: Yogesh PatilReliance Industries navigates tough market conditions. Refining margins face volatility due to rising costs. Global crack spreads show impr...
Iran war: IOC, BPCL, HPCL may have lost Rs 6/litre on diesel in Q4State-run oil companies Indian Oil, BPCL, and HPCL incurred substantial losses on diesel sales in the fourth quarter. Petrol margins also s...
Indian Oil Corp Q1 loss at ₹1,993 crRevenue from operations rose 62% year on year to ₹2,51,933 crore on higher prices.
Reliance well oiled, growing strong in retail and telecomThe Oil-to-Chemicals (O2C) business segment that contributes nearly two-thirds of total revenue benefited from a sharp surge in gross refin...
Windfall tax could erode earnings of oil companies, refiners by 5-15%Stocks of refiners and explorers plunged last week after the government announced the tax. ONGC and Reliance Industries were the leading Ni...
Indian Oil Q3 earnings: Net profit jumps 62% to Rs 4,359 croreThe state-owned company said its revenue from operations rose 0.57 per cent to Rs 1,47,810.23 crore.
Telecom, retail help Reliance offset modest energy gainsEarnings growth was 5 per cent higher than consensus quarterly EPS estimates.
Decline in key parameters makes IOC stock a laggard among peersInvestors envisage a possibility that IOC may end up biding for the government’s stakes in BPCL or GAIL.
Petrochem growth & stable GRM to pump it up for RILJio’s performance will also be crucial given aggressive tariffs and discounts since January.
IOC, BPCL, HPCL hit fresh all-time highs in Friday’s tradeICICI Securities estimates stabilised Paradip refinery to be one of the main drivers of 16 per cent YoY rise in FY18E earnings per share (E...
Why Indian Oil could be Dalal Street's favourite OMC stockThe Paradip refinery is likely to match RIL's gross refining margin (GRM), thereby improving the margin profile of Indian Oil (IOC).
Other news priced in, Jio can set the RIL counter ringingThe combination of refinery and petrochemicals as its core operation helped the company to offset cyclical correction and maintain consiste...
Rebound in GRMs to boost Indian Refiners’ earningsGRM is the difference between the value of petroleum products sold and the cost of the processed crude. The benchmark Singapore GRM surged ...
Earnings growth of RIL may take a hit on the back of falling global refining marginsThe refining segment for RIL contributes more than two-thirds of its revenue and operating profit. Hence, any change in the refining margin...
Volatile crude to put pressure on RIL's gross refining marginsIn the coming quarters, retaining the current level of refinery efficiency will be challenging considering higher volatility in crude oil p...
Indian Oil Corporation expects Paradip refinery’s margin to exceed $10/barrelThe Rs 30,000 crore-Paradip refinery is scheduled for commissioning before March and will start operating at its full capacity of 15 millio...
- Essar Oil posts Rs 684 crore profit in April-June period
CFO Suresh Jain said: "Consistency in operating performance coupled with stable forex and crude prices helped us to sustain our GRM and pro...