Oil companies

State-run oil companies gain ahead of ONGC results

Among retailers, Hindustan Petroleum Corp gains 3.3 percent, Bharat Petroleum Corp advances 3.1 percent while Indian Oil Corp is higher by 2.9 percent.

Aug 13, 2014, 11:29 AM IST

Petrol price likely to be cut on Independence Day

Diesel price revision is due only on September 1 as per the policy of raising rates every month.

Aug 12, 2014, 20:19 PM IST

IOC posts Rs 2,523 crore profit in June quarter

Indian Oil Corporation (IOC), the nation's biggest oil firm, Tuesday reported a net profit of Rs 2,523 crore in the June quarter after government and upstream firms made good most of its losses on fuel sales.

Aug 12, 2014, 17:18 PM IST

Petrol price cut by Rs 1.09 per litre; diesel gets costlier

The revisions will be effective midnight tonight, Indian Oil Corp, the nation's largest oil firm, announced on Thursday.

Jul 31, 2014, 19:38 PM IST

Hike in LPG rates to affect only 1% of consumers: Govt

Days after the price of non-subsidised cooking gas (LPG) was hiked by Rs 16.50 per cylinder, the government Thursday said the increase will impact less than 1 percent of the consumers.

Jul 03, 2014, 16:48 PM IST

Losses on diesel more than double to Rs 3.40 a litre

With escalating violence in Iraq spooking international oil markets, losses on the sale of diesel have more than doubled to Rs 3.40 a litre even after monthly price increases.

Jul 01, 2014, 20:05 PM IST

Petrol price hiked by Rs 1.69/litre, diesel by 50 paise

Petrol price was on Monday hiked by a steep Rs 1.69 per litre and diesel by 50 paise a litre as the crisis in Iraq spooked international oil and currency markets.

Jun 30, 2014, 20:02 PM IST