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MTM under recoveries stand at INR867b v/s INR1.6t in FY13E with (a) Diesel loss post the recent price hike at ~INR2.9/ltr – v/s FY13 till date avg of INR11/lt; (b) Kerosene loss atINR27.9/ltr and (c) LPGloss atINR379/cyl.
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4.34 PM May 14th
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Source:Financial Express - While the government and oil marketing companies (OMCs) seek to bolster their bottom lines with the recent fall in global crude oil prices and the phased deregulation of diesel prices, upstream oil companies are left ... See more
11.28 AM May 14th
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Source:Economic Times - MUMBAI: Foreign institutional investors (FIIs) that traditionally avoid state refiners are awaiting clarity on the government`s divestment in Indian Oil Corporation and the resumption of the monthly diesel price hike bef... See more
1.44 PM May 10th
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Source:BBC - Exports related to the oil and gas industry have grown for the 14th year in a row and are now worth £17.2bn, according to a survey. International exports for the sector, which includes offshore equipment and construction, reached Â... See more
11.12 AM May 6th
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Source:FirstPost - Oil marketing companies (OMCs) may announce a petrol price cut in the range of Rs 1.50 to Rs 2 a litre, effective from midnight today as international crude prices have crashed in the last fortnight, said a CNBC-TV18 report.OM... See more
4.59 PM Apr 30th
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