Club of Six Oil Elites Breaks by Reliance Industries
The Mukesh Ambani, Reliance Industries Ltd. has escaped BP Plc to break into an elite club of energy supermajors. However, shares of Reliance have increased...
Search Results for: Crude Oil
India Bracing for Oil Spike Impact with Saudi Aramco
On Monday, crude oil prices surging around 20 per cent, the drone strikes on the world’s biggest oil producer, Saudi Arabian Oil Co., or Saudi...
Rupee Dips 12 Paise on Rising Crude to Rs 68.92/$
Tracking heavy losses in the domestic equity market, on Monday, the rupee depreciated 12 paise to close at Rs 68.92 against the dollar. This was...
ONGC Oil Output Found Depleting Nevertheless Posts Higher Growth
Oil and Natural Gas corporation has found a declining crude oil production trend in its onshore fields and registered a 1.25 percent rise in output...
Indian Oil Net Profit Plummets By 91 Per Cent In Q3 FY19
Indian Oil Corp (IOC), the public sector oil and gas company announced a 91 per cent decline in its net profit to Rs 716.82 crores...
OPEC+ Coalition Decides To Cut Oil Production By 1.2 Million BPD
After 2 days of OPEC meeting in Vienna(Austria), Saudi Arabia, Russia along with the rest of the OPEC+ coalition has decided to cut oil production...
Saudi Arabia’s Oil Minister Praises PM Modi’s Efforts
Saudi Arabia minister during the OPEC meeting, addressed the concerns raised by Narendra Modi regarding the crude oil prices. While speaking to reporters during the...
Oil Companies Plans To Allot 65,000 Petrol Pump Before Elections
State-owned oil companies are planning to allot about 65,000 petrol pumps across the country ahead of 2019 general elections in order to expand the existing...
Indian Oil Corp Q2 Net Profit Falls Due To Forex Losses & Low GRM
Indian Oil Corp (IOC) registered a 12.6 per cent decline in its Q2 FY19 net profit due to the foreign exchange losses and lower refining...
Govt. Cuts Fuel Prices By Rs. 2.50, Burdening Re. 1 On Oil Companies
Finance Minister Arun Jaitley informed the press today (04/10/2018) that the Modi government has decided to cut fuel prices and to provide a total relief...