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Page 3 - Omcs

Petrol unchanged at Rs 90.93 for 2nd day in New Delhi, diesel at Rs 81.32

In Mumbai, petrol price stood at Rs 97.34 per litre--the same as yesterday. In Chennai, petrol rose by 0.07 paise to sell at Rs 92.97. Diesel was retailing at Rs 86.37 in the city

Petrol unchanged at Rs 90.93 for 2nd day in New Delhi, diesel at Rs 81.32
Updated On : 25 Feb 2021 | 9:27 AM IST

Petrol price stable at Rs 90.93 in New Delhi, Diesel unchanged at Rs 81.32

In Mumbai, petrol price stood at Rs 88.44 per litre--the same as yesterday. In Chennai, petrol remained unchanged to sell at Rs 92.90. Diesel was retailing at Rs 86.31 in the city

Petrol price stable at Rs 90.93 in New Delhi, Diesel unchanged at Rs 81.32
Updated On : 24 Feb 2021 | 9:23 AM IST

State OMCs spent Rs 1.96 trillion in excise duty in April-December FY21

Excise duty payment by OMCs rises 66% YoY, despite 30% decline in net sales

State OMCs spent Rs 1.96 trillion in excise duty in April-December FY21
Updated On : 24 Feb 2021 | 6:10 AM IST

Petrol price unchanged at Rs 90.58 in New Delhi, diesel at Rs 80.97

In Chennai, petrol remained unchanged to sell at Rs 92.59. Diesel was retailing at Rs 85.98 in the city

Petrol price unchanged at Rs 90.58 in New Delhi, diesel at Rs 80.97
Updated On : 22 Feb 2021 | 9:27 AM IST

Petrol crosses Rs 90-mark for 1st time ever in Delhi, diesel at Rs 80.60

In Bangalore, petrol and diesel prices surged by 32 paise and 35 paise respectively to Rs 93.21 and Rs 85.44

Petrol crosses Rs 90-mark for 1st time ever in Delhi, diesel at Rs 80.60
Updated On : 19 Feb 2021 | 10:59 AM IST

Petrol price at record high of Rs 89.88 in Delhi, diesel crosses Rs 80-mark

Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates

Petrol price at record high of Rs 89.88 in Delhi, diesel crosses Rs 80-mark
Updated On : 18 Feb 2021 | 11:08 AM IST

Petrol price at an all-time high of Rs 89.54 in Delhi, diesel at Rs 79.95

Petrol price in Mumbai stood at Rs 96 on Wednesday as compared with Rs 95.75 yesterday

Petrol price at an all-time high of Rs 89.54 in Delhi, diesel at Rs 79.95
Updated On : 17 Feb 2021 | 10:09 AM IST

Sustained marketing margins, recovering demand aid profitability of OMCs

The agency expects above long-term average MMs from FY22, which should aid GRMs in the short term

Sustained marketing margins, recovering demand aid profitability of OMCs
Updated On : 16 Feb 2021 | 12:30 PM IST

Petrol crosses Rs 89-mark to hit record high in Delhi, diesel at Rs 79.70

Petrol prices in Mumbai stood at Rs 95.75 on Tuesday as compared with Rs 95.46 yesterday. One litre of diesel will cost Rs 86.72 in the city

Petrol crosses Rs 89-mark to hit record high in Delhi, diesel at Rs 79.70
Updated On : 16 Feb 2021 | 10:16 AM IST

Petrol price nears Rs 89-a-litre mark in New Delhi, diesel at Rs 79.35

Petrol and diesel prices were hiked by 26 paise and 29 paise per litre each on Monday to touch Rs 88.99 and Rs 79.35 respectively in New Delhi

Petrol price nears Rs 89-a-litre mark in New Delhi, diesel at Rs 79.35
Updated On : 15 Feb 2021 | 9:16 AM IST

Petrol crosses Rs 88-mark to hit record high in Delhi, diesel at Rs 78.38

Petrol prices in Mumbai stood at Rs 94.64 on Tuesday as compared with Rs 94.36 yesterday. One litre of diesel will cost Rs 85.32 in the city

Petrol crosses Rs 88-mark to hit record high in Delhi, diesel at Rs 78.38
Updated On : 12 Feb 2021 | 8:40 AM IST

Petrol price at an all-time high of Rs 87.85 in Delhi, diesel at Rs 78.03

Petrol prices in Mumbai stood at Rs 94.36 on Thursday as compared with Rs 94.12 yesterday. One litre of diesel will cost Rs 84.94 in the city

Petrol price at an all-time high of Rs 87.85 in Delhi, diesel at Rs 78.03
Updated On : 11 Feb 2021 | 12:38 PM IST

Petrol price remains stable at Rs 86.95 after hitting record in New Delhi

Petrol prices in Mumbai stood at Rs 93.49 on Saturday-- the same as yesterday. One litre of diesel will cost Rs 83.99 in the city

Petrol price remains stable at Rs 86.95 after hitting record in New Delhi
Updated On : 06 Feb 2021 | 9:51 AM IST

Petrol hits all-time high of Rs 86.95 in Delhi, touches Rs 93.49 in Mumbai

Petrol price soared by 30 paise to Rs 86.95 a litre in the national capital on Friday. This marks the highest ever price at which petrol has been sold in New Delhi

Petrol hits all-time high of Rs 86.95 in Delhi, touches Rs 93.49 in Mumbai
Updated On : 05 Feb 2021 | 10:00 AM IST

Oil marketing companies continue to hold petrol and diesel price hike

The rise in crude oil prices may dent marketing margins if not passed on, however, some say OMCs may have a cushion to absorb

Oil marketing companies continue to hold petrol and diesel price hike
Updated On : 14 Dec 2020 | 11:57 PM IST

India petrol prices inch towards record highs after OMCs hike for 6th day

Petrol prices could touch an all-time high with oil marketing companies raising their retail price for sixth consecutive day

India petrol prices inch towards record highs after OMCs hike for 6th day
Updated On : 07 Dec 2020 | 11:11 AM IST

Light at the end of the tunnel for domestic oil marketing companies

Marketing margins to support earnings, while refining outlook can improve with vaccine launches driving global economic recovery

Light at the end of the tunnel for domestic oil marketing companies
Updated On : 25 Nov 2020 | 1:05 AM IST

BPCL disinvestment gets going. Time to bet on OMCs? Here's what charts say

The formation of a "Death Cross" on BPCL has disrupted the upside bias lately. Here is how stocks of oil marketing companies look on the technical charts

BPCL disinvestment gets going. Time to bet on OMCs? Here's what charts say
Updated On : 17 Nov 2020 | 12:37 PM IST

Despite fuel price cuts due to Covid-19, OMCs improve net marketing margins

The net marketing margin of OMCs on sale of petrol and diesel has increased to Rs 4 per litre by mid-September from Rs 2.23 per litre earlier as there has been correction in global auto fuel prices

Despite fuel price cuts due to Covid-19, OMCs improve net marketing margins
Updated On : 21 Sep 2020 | 1:59 PM IST

Petrol crosses Rs 80/litre in Delhi. Trading strategy for HPCL, BPCL, IOC

Petrol prices on Friday crossed the Rs-80 mark in Delhi as OMCs announced the 20th hike in a row. Petrol price was increased by 21 paise to Rs 80.13 per litre in Delhi. Diesel jumped by 17 paise

Petrol crosses Rs 80/litre in Delhi. Trading strategy for HPCL, BPCL, IOC
Updated On : 26 Jun 2020 | 11:34 AM IST