Essar Oil, JSW Steel & Petronet LNG Q1 results

Essar Oil net zooms 450% A drastic reduction in expenditure has boosted the net profit of Essar Oil, India's second largest petroleum refiner, to Rs 169 crore, a jump of 450 per cent in the first......

Oil-gas stocks: Investors must brace for negative impact in Q1 FY25

Escalation of the conflict in West Asia between Israel and Iran has had a direct impact on the energy markets, and more broadly on the financial markets as well as the global economy. Photograph:......

Oil marketing cos to ride the low crude oil gravy train in Q1

Lower crude oil costs and higher marketing margins are expected to raise the fortunes of oil marketing companies (OMCs) in the first quarter (Q1) of 2023-24 (FY24), while city gas distribution......

Investors pin hope on govt support amid under-recoveries of BPCL, HPCL

The market responded positively to the Q1 results of oil marketing companies (OMCs), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) despite numbers being weaker than......