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REFINERY GATE PRICING
OMCs lost Rs 18.9/litre on diesel, ₹6 on petrol in Q1State-run oil companies faced significant losses in the April-June quarter, losing ₹18.9 per litre on diesel and ₹6 on petrol. This downtur...- Sold, or just shipped? How sales figures can be manipulated – and how you can spot itGoods left the warehouse. The invoice went out. So it must be a sale, right? Not always. Under the rules, a sale counts only when the custo...
- JP Morgan lowers Brent crude price forecast for second-half 2026J.P. Morgan has updated its Brent crude oil price forecast for 2026, lowering expectations due to unexpectedly weaker inventory draws and a...
- 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...
- Oil PSUs take a hit as global prices rise but local rates frozenIndia's state-run refiners price their products in line with international prices, which broadly follow the global demand-supply situation ...
- Brokerages mixed on HPCL post Q4 result; should you invest?HDFC Securities retained ‘Add’ call on HPCL with a target price of Rs 230, citing an expected recovery in demand for petroleum products and...
- Quiet burial by state OMCs to daily price revisionsIn one instance in June-August, price of diesel was static for 13 straight days, and that of petrol for 8 days.
- Hike in petrol, diesel prices put off by oil companies including IOC, BPCL, HPCLA Re 1 per litre hike in petrol and Rs 2.28 a litre increase in diesel prices has been put off by state-owned oil companies apparently beca...
- India’s sham fuel pricing regime boosts subsidiesThe high international crude price, around $110 per barrel, coupled with a weaker rupee, is amplifying India’s current account deficit.
- Budget 2013: M Veerappa Moily asks FM to appoint expert committee on fuel pricingThe Finance Ministry has informed the Petroleum Ministry that auto fuels need to be priced at a rate at which it can be exported.
- Phased hike may wipe out under-recoveries in one year: RK Singh, BPCL"The increase of Re 1 per month will wipe out the entire under-recovery in a year and increase the cash position of the oil companies," say...
- Decontrol oil pricesFM has left the oil min little option other than to decontrol prices.
- Action, not committeesFree up retail prices of petro-products like diesel and petrol.
- Metros, SUVs may have to shell out more for fuelBK Chaturvedi Committee has suggested a price hike of Rs 2.5/litre for petrol and Rs 0.75/litre for diesel every month. Tips to tackle fuel...
- North Block may spare oil cos of Rs 1k cr exciseOil companies may have something to cheer about soon. The revenue department is considering exempting them from payment of excise duty dues...
- RIL request for PSU fuel deniedThe government has turned down a proposal of Reliance Industries (RIL) to source fuel from PSU oil marketing companies (OMCs) to meet their...
- Finmin roots for Rs 10k cr more in excise duty on oil marketersPetroleum ministry has told the revenue department that oil companies are liable to pay excise duty on LPG and kerosene on the prices reali...
- Oil cos face Rs 1,000-cr excise duesOil companies may have to fork a whopping Rs 1000 crore as excise dues on LPG and Kerosene for the period between April ’02 and March ’06.
- Oil refiners to be hit by new policyThe introduction of the trade parity pricing regime in the petro sector will evoke a mixed bag reaction from the oil bigwigs.
- Mid-term appraisal gets Cabinet approvalTHE mid-term appraisal (MTA) that recommends about 60 areas of action of priority, including sale of minority stake in PSUs and opening ret...
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