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OIL MARKETING COMPANIES
Rs 75,000 cr OMC loss: Oil ministry working on plan to offset losses. Companies seek financial support; Finance Ministry nod needed before proposal goes to CabinetOil Ministry is working on a proposal to compensate state-run oil marketing companies for losses incurred from selling fuel below market ra...22 Jul, 2026, 06.47 AM IST- Rupee rallies 21 paise to 96.24 against US dollar on lower oil prices and forex inflowsThe rupee strengthened by twenty-one paise, closing at ninety-six point twenty-four on Tuesday. Lower oil prices reduced demand for the US ...22 Jul, 2026, 06.19 AM IST
- Indian rupee gains as oil comes off; inflows, RBI intervention in focusThe Indian rupee experienced a slight upturn on Tuesday, buoyed by the prospect of improved diplomatic relations between the U.S. and Iran,...21 Jul, 2026, 04.23 PM IST
- $120 crude oil scare is back & India has plenty at stakeGoldman Sachs has warned Brent crude could rise above $120 a barrel if disruptions in the Strait of Hormuz persist. For India, which import...21 Jul, 2026, 04.12 PM IST
- India's ethanol mission sees state-run fuel firms spend Rs 1.72 lakh crorePublic Sector OMCs spent over Rs 48,000 crore on ethanol procurement in ESY 2023-24. They procured Rs 73,996 crore worth of ethanol during ...21 Jul, 2026, 12.28 PM IST
- Petrol, Diesel Prices Today (July 21): Fuel rates in Delhi, Mumbai, Kolkata and Chennai changed as crude oil dips below $90? Check herePetrol, Diesel Prices Today: Indian fuel prices remained unchanged on Monday, July 21, despite global crude oil falling below ninety dollar...21 Jul, 2026, 08.54 AM IST
- D-St set for a negative opening as GIFT Nifty signals weak startEquity markets faced pressure as Nifty declined, while broader markets showed gains. Analysts expect sideways to mixed trading due to geopo...21 Jul, 2026, 07.32 AM IST
- RIL sees better global refining margins despite oilfield attacksReliance Industries anticipates stronger global refining margins in upcoming quarters. Structural capacity losses in Russia and the Middle ...21 Jul, 2026, 12.14 AM IST
- Global Market: European shares dip as oil surge fuels inflation fears ahead of ECB meetingEuropean shares dipped slightly as oil prices climbed due to escalating US-Iran tensions. This surge revived inflation concerns and impacte...20 Jul, 2026, 01.16 PM IST
- Ethanol could soon make its way to Indian kitchensIndia's petroleum ministry is developing a policy for ethanol as a mainstream cooking fuel. This initiative aims to reduce dependence on im...20 Jul, 2026, 08.52 AM IST
- Emami Agrotech targets Rs 22,000 cr turnover in FY27; remains cautious on commodity volatilityEmami Agrotech expects ten percent revenue growth this fiscal year. Strong demand for edible oils will drive this anticipated growth. The c...19 Jul, 2026, 02.02 PM IST
- Pakistan to revise oil prices daily amid renewed West Asia tensionsPakistan fuel price: Pakistan will now adjust petroleum prices daily to manage oil price fluctuations. The government aims for greater tran...18 Jul, 2026, 10.28 AM IST
- Less Gulf, more Russia: RIL diversifies crude sourcing amid market turmoil due to Iran warReliance Industries increased crude oil sourcing from Russia and Latin America. This strategic move reduced dependence on Arabian Gulf crud...17 Jul, 2026, 08.08 PM IST
- Vedanta, demerged Vedanta Aluminium, Vedanta Oil & Gas get rating upgrades from CRISILCRISIL has upgraded ratings for Vedanta Aluminium Metal and Vedanta Oil and Gas. These upgrades reflect stronger business and financial ris...17 Jul, 2026, 01.43 PM IST
- LPG subsidy bill may top Rs 1 lakh crore in FY27, create Rs 70,000 cr gap over Budget allocationIndia's LPG subsidy bill may surpass Rs 1 lakh crore in fiscal year 2027. This projection indicates a significant shortfall against the bud...17 Jul, 2026, 01.26 PM IST
- Petrol, diesel prices today, July 16: Check latest fuel rates in Delhi, Mumbai, Bengaluru, Kolkata amid tax hikePetrol, Diesel price today, 24 July 2026: Check the latest city-wise petrol and diesel rates in Delhi, Mumbai, Chennai, Kolkata and other m...16 Jul, 2026, 08.17 AM IST
- Brent below $80 to sustain OMC earnings recoveryOil marketing companies' margins are expected to remain stable as crude prices stay below $80. Recent crude price drops have significantly ...13 Jul, 2026, 05.51 AM IST
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