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PETROL EXPORT INCREASE
India earns nearly 50% more from fuel exports in April-September as costlier oil and weak rupee outweigh lower volumesIndia's petroleum product export earnings increased significantly in April to September, driven by high international prices. While the vol...
India appears better stocked for West Asia crisis, but oil shock threatensIn West Asia, tensions are affecting energy and fertilizer supplies, prompting adjustments by the Indian government. Freight costs have sur...
HPCL shares in focus as Q1 net profit slips 6% YoY, revenue rises 26%. Should you buy?HPCL reported Q2 FY27 consolidated profit of Rs 3,625 crore, down 6% year-on-year, while revenue increased 26% to Rs 1.39 lakh crore. Gross...
HPCL Q2 Results: Profit slips 6% YoY to Rs 3,625 crore, revenue jumps 26%HPCL reported Q2FY27 net profit of Rs 3,625 crore, recovering from a previous-quarter loss. Revenue rose 26.1% year-on-year, refining margi...
ET Prime Special Series: Multibagger or IBC - Part 81: Momentum in numbers will decide fate of this auto ancillary's stockA few years back, the important question for this auto ancillary supplier was whether its investments and customer programmes would begin p...
Global Market: UK inflation rises to 3.5% in September, boosting rate hike betsUK inflation rises to 3.5% in September from 3.1% in August, exceeding expectations as higher fuel prices linked to the Iran war add to pri...
Honda Motorcycle & Scooter India expects FY27 domestic sales volume at 6 million unitsHonda Motorcycle & Scooter India aims to increase domestic sales to 6 million units by March 2027. The company reported a 13.5 percent rise...
Renault India’s hybrid-CNG bet could transform its sales mix: CEO Stephane DeblaiseRenault is focusing on hybrid and CNG vehicles to enhance its presence in the Indian market. CEO Stephane Deblaise indicated these vehicles...
Govt revises windfall gains tax for petrol and diesel exportsThe central government has increased the windfall tax on petrol exports to Rs 2.5 per litre. Simultaneously, the windfall tax on diesel has...
Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
Ukraine battles deadly Russian strikes, seeks more NATO supportOne man was killed and five people, including a child, were wounded in Russian strikes on Ukraine's Zaporizhzhia region in the morning, sai...
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 ...
China fuel export suspension to choke supplies in AsiaChina's recent export restrictions on oil products have affected several major importers in Southeast Asia and Australia. Singapore has see...
Indian automakers post higher September sales as dealers stock up for festive seasonIndian automakers reported increased sales in September as dealers stocked up for the festive season. Hyundai Motor India achieved a 10.8% ...
Commercial LPG cylinder price hiked by Rs 62.50 in Delhi, ATF costlier by Rs 16 ahead of festive seasonFrom October 1, the price of a 19-kg commercial LPG cylinder in Delhi increased to Rs 2,810. This rise of Rs 62.50 marks a 2.3 percent incr...
India has ‘insulated' itself from the 'turbulence' of crude supply shock: Hardeep Singh PuriUnion minister Hardeep Singh Puri said India has so far insulated itself from crude oil and natural gas supply disruptions caused by the We...
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...
BRICS+ and the fallout from Trump's energy shocksGlobal oil markets face instability from ongoing conflicts and disrupted supply routes. Strategic petroleum reserves and reduced Chinese im...
Bangladesh raises fuel prices by up to 17% amid global oil price surgeBangladesh has raised fuel prices by up to seventeen percent. This move piles fresh pressure on consumers and businesses already struggling...