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Omcs Petrol

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Will govt cut petrol, diesel prices?

Price of international crude oil - the raw material for making petrol and diesel - dropped to a three-year low before marginally recovering but a revision in domestic petrol and diesel rates is......

Govt likely to soon compensate oil firms for LPG losses

The government is likely to give a subsidy of Rs 30,000-35,000 crore to state-run oil companies - Indian Oil Corporation (IOC), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) - to......

OMC shares sink up to 6% on fuel price cut

Investors shunned shares of oil marketing companies (OMCs) on Friday as they feared that the government’s decision to cut retail prices of petrol and diesel could hurt the companies’......

India only country where petrol, diesel prices declined in last 3 years: Puri

Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Monday said India is the only country where rates of petrol and diesel have come down between November 2021 and April 2024.......

Oil: India to save Rs 1.8 lakh cr on import bill

India, the world's third largest oil importing and consuming nation, is likely to save as much as Rs 1.8 lakh crore on import of crude oil and LNG if the trend of softening international energy......

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