New Delhi: A reduction in crude oil prices in recent weeks has improved margins on retail…
Continue ReadingTag: Crude oil
ONGC opens well in KG field to raise oil production, Energy News, ET EnergyWorld
New Delhi: State-owned Oil and Natural Gas Corporation (ONGC) on Sunday said it has opened another…
Continue Reading
IOC net profit drops 81 pc in Q1 on low refining margin, fuel under-recoveries, ET EnergyWorld
New Delhi: Indian Oil Corporation (IOC), the nation’s largest oil firm, on Tuesday reported a 81…
Continue Reading
Global gasoline refining margins slump on slow summer driving season, ET EnergyWorld
NEW YORK/NEW DELHI/LONDON: Oil refiners are making less money selling their gasoline as demand during the…
Continue Reading
India to gain as global oil prices decline despite geopolitical tensions, ET EnergyWorld
New Delhi: Oil prices declined for a third day in a row in the international market…
Continue Reading
Bear market for diesel spells fresh troubles for oil, ET EnergyWorld
LONDON/SINGAPORE/NEW YORK: Profit margins for diesel are slumping as new refineries boost supplies and as mild…
Continue Reading
India’s February oil imports rise amid shifts in global market dynamics, ET EnergyWorld
New Delhi: India‘s total oil import bill surged to $13.25 billion in February, marking a 10%…
Continue Reading
Hindustan Petroleum to set up a global oil trading desk, ET EnergyWorld
State-run Hindustan Petroleum Corp. Ltd (HPCL) plans to set up an international oil trading desk, a…
Continue Reading