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OIL MARKETING COMPANIES RESPONSE
Trust market returns to secure oil: India owns stakes in oilfields from Russia to Abu Dhabi, but getting that crude home is another challengeIndia's overseas oil investments, particularly in Russian oilfields, have not guaranteed preferential access to crude during supply disrupt...
FIIs pour Rs 15,000 crore into Indian stocks in biggest single day buying over a yearForeign institutional investors invested Rs 14,975 crore in Indian equities on Thursday, marking their biggest single-day purchase in over ...
Gulf Oil eyes market leadership in India, global expansion to drive next growth phaseGulf Oil aims to surpass its rival and achieve the market leader status in India's lubricants sector. The company plans to invest approxima...
Tata Motors, Ashok Leyland shares rocket up to 12%. Here are 2 reasons fuelling the sharp surgeAshok Leyland and Tata Motors shares rallied, tracking a sharp fall in crude oil prices and a broader market recovery amid hopes of a negot...
Trump’s pain makes D-Street bulls gain! IndiGo, Asian Paints, other crude-sensitive stocks rally up to 8% as oil drops below $95Paint makers, airlines, tyre companies and OMCs rallied as crude oil prices plunged nearly 10%, falling below $95 a barrel. Lower oil price...
RBI's Rs 50,000 crore VRRR faces muted response from marketThe Reserve Bank of India announced a variable rate reverse repo operation of ₹50,000 crore. This decision came after the banking system li...
Iran US War to resume in full scale in Middle East? American strikes in Strait of Hormuz on Midterm election results day raise fearsIran US war: Thousands of U.S. troops remain in the waters off Iran to maintain a naval blockade aimed at preventing tankers carrying Irani...
Rising crude prices could push India's inflation by upto 1 percentage point, diversified imports helping secure oil supplies: EY's Gaurav ModaGaurav Moda, Partner and Energy Industry Leader at EY India said the increase in crude oil prices from an average of $60-65 per barrel to $...
Nifty's Diwali-to-Diwali slide: Will year-end gains light up Dalal Street?The Nifty index has faced notable drops over the last year, heavily impacted by foreign investor outflows and surging crude oil prices. Exp...
Oil Price Today (November 3): Crude oil rebounds to $105 as fresh attacks outweigh peace talks. What are experts saying?Crude oil price : Oil prices experienced a slight increase following reports of a US strike on Iran's Qeshm Island. Concerns have risen reg...
PSU oil firms float tender to buy 150 mn litres of biodiesel at Rs 88/litreIndian oil marketing companies are inviting bids for 150 million litres of biodiesel over a three-month period. The procurement will begin ...
Reliance Industries shares skyrocket 12%, record biggest single-day jump since April 2020 as Q2 earnings spark Rs 2 lakh cr rallyReliance Industries shares surged nearly 12% after reporting outstanding Q2 results for FY27. The company announced a massive 41% yearly in...
Vedanta Oil and Gas shares jump 14% in 2 days, m-cap swells by Rs 1,600 crore after Q2 resultsVedanta Oil and Gas shares jumped 6% on Monday after rallying 8.5% in the previous session, adding nearly Rs 1,600 crore to its market capi...
Hinduja's Gulf Oil scouts acquisitions in Asia, South America ahead of global listingHinduja Group-owned Gulf Oil Lubricants plans to re-enter Mexico and the US in 2027 as it accelerates overseas expansion and scouts acquisi...
US oil companies aim to squeeze more out of refineries as war supply crunch weighsUS oil companies are enhancing refinery capacities and reopening closed plants due to global supply disruptions. ExxonMobil and Chevron rep...
Oil Price Today (October 30): Crude oil jumps to $118 as Trump weighs fresh attacks after midterm. What are experts saying?Crude oil price : Oil prices rose on October 30 amid fears of a potential US military strike against Iran. Crude oil prices have reached a ...
Clean toilets, QR-code feedback: Oil companies turn petrol pump washrooms into customer trust testOil marketing companies IndianOil and BPCL are stepping up inspections of petrol pump toilets, with senior executives checking hygiene stan...