Last Updated: Wednesday, August 20, 2014, 13:03
Oil marketing companies may reduce petrol prices by 50 to 80 paise per litre on the back of softening in international rates.
Last Updated: Tuesday, August 19, 2014, 18:08
Shares of state-owned oil marketing companies -- BPCL, HPCL and IOC -- surged up to 4 percent on Tuesday amid falling crude oil prices.
Last Updated: Tuesday, August 19, 2014, 14:01
Oil retailers will suffer no losses on diesel after a hike in prices in September.
Last Updated: Wednesday, August 13, 2014, 17:11
Oil marketing companies will cut petrol prices by Rs 1.89 -2.38 per litre from midnight of August 14/15, Oil Minister Dharmendra Pradhan said on Wednesday.
Last Updated: Tuesday, August 12, 2014, 15:13
Sate-run oil marketing companies may cut petrol prices by up to Rs 2.40 per litre at their scheduled review meeting on Friday with the rates of crude declining in the international market.
Last Updated: Friday, July 18, 2014, 18:30
State-owned fuel retailers buy diesel from private refiners as their own production is insufficient to meet domestic demand.
Last Updated: Tuesday, July 01, 2014, 19:44
Rating agency Moody's expects the government to reduce its fuel subsidy bill through a gradual process that in turn will lead to higher product prices and prove credit positive for oil marketing companies.
Last Updated: Saturday, May 31, 2014, 22:07
Diesel prices were Saturday hiked by 50 paise a litre, excluding state levies, the second increase in rates three weeks.
Last Updated: Saturday, May 31, 2014, 21:41
State-owned oil marketing companies on Saturday decided to hike the price of diesel by 50 paise per litre, to be effective from midnight.
Last Updated: Friday, January 31, 2014, 19:19
Oil marketing companies on Friday decided to hike diesel prices by 50 paise per litre, effective from midnight.
Last Updated: Friday, January 03, 2014, 19:20
Petrol price was Friday hiked by 75 paise and diesel by 50 paise a litre as rise in global oil rates and fall in rupee value increased the cost of production.
Last Updated: Thursday, December 26, 2013, 13:02
Shares of state-run oil marketing companies gain after a media report said the petroleum ministry was planning to propose a hike of 5 rupees in diesel prices.
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