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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......

MGL slashes CNG price by Rs 8, PNG by Rs 5 in Mumbai

Gail India subsidiary Mahanagar Gas (MGL) on Friday announced a steep reduction in the retail price of compressed natural gas (CNG) by Rs 8/kg and domestic PNG (piped natural gas) by Rs 5/SCM......

Gas prices hiked 40%; CNG, PNG to cost more

Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40 per cent to record levels, in step......

Supermarkets in India may soon sell petrol, diesel

If the reforms are implemented, multi-brand retail majors such as Future Group and Reliance Retail might enter the fuel retail space. Illustration: Uttam Ghosh/Rediff.com In a bid to make fuel......

Why it's not going to be a smooth ride for private oil retailers

As fuel prices surged in September, the government’s decision to ask companies to cut price by Rs1 each on a litre of petrol and diesel came as a dampner for private players.......

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Parikh Committee On Petroleum

News for Parikh Committee On Petroleum

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

MGL slashes CNG price by Rs 8, PNG by Rs 5 in Mumbai

Gas prices hiked 40%; CNG, PNG to cost more

Supermarkets in India may soon sell petrol, diesel

Why it's not going to be a smooth ride for private oil retailers

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