oil marketing companies (OMCs) Archives

Crude Price Drop: OMC and Paint Stocks Gain, ONGC and Oil India Decline

Ali WaghbakriwalaSeptember 4, 2024September 4, 2024

by Ali WaghbakriwalaSeptember 4, 2024September 4, 20241779

The ongoing decline in Brent crude prices has positively impacted oil marketing companies (OMCs) and paint manufacturers while hurting sentiment for oil refiners. Cheaper crude...

ECONOMY

Government Permitted Sugarcane Juice and Syrup for Ethanol Production in 2024-2025

Esha SomadderAugust 30, 2024August 30, 2024

by Esha SomadderAugust 30, 2024August 30, 20242 930

On Thursday, August 29, the Indian government allowed sugarcane juice and sugar syrup for ethanol production in the 2024-2025 ethanol supply year (ESY), reversing the...

MARKETS

Shares of this Ethanol Manufacturing Company Surged 16% over Additional Incentives

Chinmay BohraAugust 23, 2023August 23, 2023

by Chinmay BohraAugust 23, 2023August 23, 2023011622

Gulshan Polyols, a small-cap ethanol manufacturing company, saw its shares surge up to 16% after oil marketing companies (OMCs) declared additional incentives for ethanol produced...

MARKETS

OMCs Rise, ONGC, Oil India Shares Fall as Crude Dips Below $75

NileshMarch 16, 2023March 16, 2023

by NileshMarch 16, 2023March 16, 202302013

Shares of BPCL, HPCL and Indian Oil rose 4% in early trade on March 16 after Brent crude fell below the $75-a-barrel mark for the...

INDIA

Petrol, Diesel Prices Rises 16 Times in May

NileshJune 1, 2021June 1, 2021

by NileshJune 1, 2021June 1, 202101274

State-run oil marketing companies (OMCs) have hiked petrol and diesel prices on Monday after a day’s gap. Petrol price hiked by roughly 29 paise while...

INDIA

Petrol, Diesel Rise Sharply For 2nd Day

NileshMay 5, 2021May 5, 2021

by NileshMay 5, 2021May 5, 202101167

Petrol and diesel prices in the country rose again sharply by 19 paise and 21 paise per litre respectively on Wednesday as Oil Marketing Companies...

Petrol, Diesel Prices Go up From April 1

adminFebruary 28, 2020

by adminFebruary 28, 20200904

Indian Oil Corporation (IOC) said that it is ready to supply low emission BS-VI fuel from April 1 and that there will be a marginal...

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Tag : oil marketing companies (OMCs)