Show Quick Read Key points generated by AI, verified by newsroom Government oil company Indian Oil Corporation has increased the price of premium petrol XP-95 by Rs 2 per liter. The company said, ‘In the last 20 days, crude oil prices have increased from $71 to $156 per barrel. Despite this, the prices of petrol…
The Union Ministry of Petroleum and Natural Gas on Wednesday assured the public that panic LPG bookings are unnecessary, as the standard delivery timeframe for households remains 2.5 days. Official measures have successfully boosted lpg production by 25%, the ministry noted. Furthermore, the Ministry stated that crude oil is currently being obtained via routes that…
Oil Stocks: The effect of increasing tension in the Middle East is now clearly visible on the oil sector of the Indian stock market. There was a huge fall in the shares of Indian Oil Corporation, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited during trading on Monday. Shares of these three oil companies…
Oil & Natural Gas Corp. Ltd (ONGC) posted rather muted December quarter (Q3) results, impacted by the continued drop in crude oil prices and stagnant volumes. Higher gas realization, though, brought some comfort. Standalone EBITDA declined by 9% year-on-year to ₹17,300 crore, while revenue fell 6% to ₹31,500 crores. Consolidated revenue was flat at ₹1.67…
The Indian stock market is expected to open on a strong note Tuesday on optimism over the India-US trade deal announced by President Donald Trump. The trends on Gift Nifty also signal a massive gap-up start for the benchmark indices, Nifty 50 and Sensex today. Donald Trump announced the reduction in reciprocal tariffs on Indian…
HPCL Share Price Target: After the quarterly results, shares of Hindustan Petroleum Corporation Limited (HPCL) remain on the radar of investors. On Friday, January 23, the stock recorded a big block trade on the National Stock Exchange (NSE), after which a big movement was seen in the stock. Hindustan Petroleum Corporation Ltd (HPCL) on Wednesday…
