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Petrol price hiked by 13 paise a litre, diesel cut by 12 paise

Petrol price hiked by 13 paise a litre, diesel cut by 12 paise

Petrol price was on Wednesday hiked by 13 paise a litre, but that of diesel was cut by 12 paise per litre in line with international trends.

Petrol price cut by Rs 1.46 a litre, diesel by Rs 1.53

Petrol price cut by Rs 1.46 a litre, diesel by Rs 1.53

The cut comes after a string of hikes, i.e. six times, since September and will definitely be a relief for the vehicle owners.

Petroleum dealers call off strike after talks with oil firms

Petroleum dealers call off strike after talks with oil firms

Petroleum dealers, who were on a two-day nationwide no-purchase strike since yesterday, today said they were calling off their future agitation programmes as oil companies have promised to look into their demand for hiking commission before December 31.

Govt open to deliberating on merger of oil firms: Dharmendra Pradhan

Govt open to deliberating on merger of oil firms: Dharmendra Pradhan

Government is open to deliberating on the issue of mega merger of state-owned oil firms for creating a behemoth, Union Minister Dharmendra Pradhan said.

Outlook on Oil & Gas sector

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

JPMorgan quarterly profit falls 6.7% hurt by drop in investment banking revenue

JPMorgan quarterly profit falls 6.7% hurt by drop in investment banking revenue

JPMorgan Chase & Co, the biggest US bank by assets, reported a 6.7 percent drop in quarterly profit as costs to cover possible sour loans to troubled shale oil companies rose and revenue from trading and investment banking declined.

Oil PSUs get a free hand, can choose companies for crude buy

Oil PSUs get a free hand, can choose companies for crude buy

In a bid to improve operational efficiency, the government Wednesday gave freedom to public sector oil firms to have their own independent crude import policy based on their commercial requirements.

Petrol gets cheaper by Rs 3.02 per litre; diesel becomes costlier by Rs 1.47 per litre

Petrol gets cheaper by Rs 3.02 per litre; diesel becomes costlier by Rs 1.47 per litre

Petrol in Delhi will cost Rs 56.61 litre from tomorrow as against Rs 59.63 a litre currently. Similarly, diesel will be priced at Rs 46.43 per litre from tomorrow as compared to Rs  44.96 currently.

 

Petrol price cut by 32 paise per litre; diesel gets costlier by 28 paise

Petrol price cut by 32 paise per litre; diesel gets costlier by 28 paise

Petrol in Delhi will cost Rs 59.63 per litre from tomorrow as against Rs 59.95 a litre currently. 

Exxon's profit tumbles 58%, slashes capex by one-quarter

Exxon Mobil Corp on Tuesday reported its smallest quarterly profit in more than a decade and said it will cut 2016 spending by one-quarter and suspend share repurchases as it copes with a prolonged downturn in crude prices.

Arun Jaitley says it helps Indian economy, as oil falls below $40

Arun Jaitley says it helps Indian economy, as oil falls below $40

"It has enabled us to absorb the loss that our own oil companies were facing because of future purchases. It has also kept inflation under control, which, in turn, has helped the Reserve Bank to ease up the rates," Jaitley told reporters.

Diesel price hiked by 50 paise a litre; no change in petrol price

Oil companies on Wednesday hiked the price of diesel by 50 paise per litre with effect from midnight tonight but kept the price of petrol unchanged.

ONGC swamped with offers for hiring deep sea rigs

With the sharp cut in investments by global oil majors leaving drilling rigs with no business, state-run Oil and Natural Gas Corp (ONGC) has been swamped with offers in a tender it floated for hiring five deep sea rigs for its KG-basin gas block campaign.

Oil companies seek cut in cess on crude

State-owned oil producers ONGC and Oil India as well as private sector Cairn India have asked the government to cut cess on crude oil they have to pay in view of slump in prices.

OVL shortlisted for Mexican oil bid round

According to Mexico's National Hydrocarbons Commission, 14 bidders have been pre-qualified for the second phase of the Round One tender, the country's first licensing round in 88 years.

No more hunting for LPG dealers; you can soon apply for connection online

No more hunting for LPG dealers; you can soon apply for connection online

The facility will be available on the government's LPG portal Pahal as well as on the websites of each oil company.

Petrol prices slashed by Rs 1.27/litre; diesel by Rs 1.17

Petrol price was Friday cut by Rs 1.27 per litre and diesel by Rs 1.17 a litre, the second reduction in rates this month following global cues.

Petrol, diesel price reduction: Here is the fuel chart of 4 metro cities

Petrol price has been cut by Rs 2.43 per litre and diesel by Rs 3.60 a litre, the third reduction in rates this month.

Relief for middle class as petrol, diesel, non-subsidised LPG become cheaper

Relief for middle class as petrol, diesel, non-subsidised LPG become cheaper

Petrol in Delhi will cost Rs 64.47 per litre instead of Rs 66.90 at present, while a litre of diesel will cost Rs 46.12 as against Rs 49.72 currently.

Petrol prices cut by Rs 2.43 per litre; diesel by Rs 3.60

Petrol prices cut by Rs 2.43 per litre; diesel by Rs 3.60

The new rates announced by the oil marketing companies will be effective from midnight tonight.