OMC stocks rise 5.8% as crude prices fall below $100, amid fourth fuel price hike in two weeks.

Fuel prices in India have seen another increase, with petrol and diesel rates rising by approximately Rs 0.87 and Rs 0.91 per litre respectively in Delhi. This marks the third…

Petrol, diesel price hike: Fuel prices have seen another hike. Petrol and diesel rates have gone up, marking the fourth increase in under two weeks. This rise reflects global…

Petrol and diesel prices have risen for the fourth time in two weeks, driven by global crude oil surges and the economic fallout of the Iran war.

Oil prices fell sharply after the U.S. and Iran moved closer to a peace agreement, easing concerns over disruptions in the Strait of Hormuz. Shares of HPCL, IOC and BPCL are…

State-run oil marketing companies on Monday raised the retail price of diesel by around Rs 2.71 per litre and petrol by about Rs 2.61 per litre, making it the fourth hike in the…

HPCL shares rise nearly 6% as petrol and diesel prices increase for the fourth time in two weeks.

OMC stocks rise 5.8% as crude prices fall below $100, amid fourth fuel price hike in two weeks.

India is raising fuel prices again as the Strait of Hormuz crisis drives up crude costs, inflation, and pressure on refiners.

Shares of major Oil Marketing Companies rallied strongly on Monday, jumping up to 6%. These gains came after the government hiked fuel prices in the country for the fourth time in…

Petroleum ministry says profits earned by oil firms last year could be wiped out within a quarter as under-recoveries still very high.

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State-run oil marketing companies have increased petrol and diesel prices by about ₹2.7 per litre, marking the fourth hike in 11 days and pushing the total rise to around ₹7.5–8…

Oil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barrel. Despite recent price hikes,…

Government reports OMCs absorbing ₹550 crore daily losses amid global disruptions, urging citizens against panic-buying of fuel.

Oil companies' profits reflect normal margins, not crisis windfall, despite rising fuel prices amid Hormuz disruptions, analysts say.

In recent days, petrol and diesel prices have gone up by around Rs 7.5 per litre, increasing daily costs for consumers. This has once again sparked a familiar debate, are oil…