indian oil corporation

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    Crude Oil Drop Spurs OMC Stock Gains

    New Delhi, April 8 Shares of oil marketing companies surged on Wednesday, with HPCL rising by nearly 10 per cent, as crude oil prices sharply declined to fall below the USD 100 mark following the announcement of a two-week ceasefire by the US and Iran.Brent crude, the global oil benchmark...
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    Oil Marketing Stocks Surge Amidst Crude Price Decline

    New Delhi, April 8 Shares of oil marketing companies soared on Wednesday, with HPCL rising by 9%, as crude oil prices sharply declined to fall below the $100 mark following the announcement of a two-week ceasefire by the US and Iran.Brent crude, the global oil benchmark, dropped by 14.03% to...
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    Sri Lanka Addresses Energy Crisis with New Subsidies and Diplomatic Efforts

    Colombo, April 7 Sri Lankan President Anura Kumara Dissanayake announced an economic relief package on Tuesday aimed at minimizing the impact of the West Asia conflict.Speaking in parliament, Dissanayake said that India has agreed to provide the island nation with petrol and diesel."As a...
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    5kg LPG Cylinders Launched for Urban Users in Hyderabad

    April 05, Hyderabad: In a significant move to make cooking gas more accessible, major oil marketing companies have introduced compact 5 kg LPG cylinders, targeting migrant workers, students, and employees living in rented accommodations.Indian Oil Corporation has launched its 5 kg cylinder...
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    Auto LPG Availability Strengthened as IOCL Addresses Supply Gap

    Bengaluru, April 5 IOCL said on Sunday that it is actively strengthening Auto LPG distribution across its network in Karnataka to address the surge in demand arising from the ongoing geopolitical situation.The company, however, highlighted that infrastructure limitations—including a limited...
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    LPG Bottling Plants Inspected in Bari Brahmana

    JAMMU, MARCH 31: Minister Satish Sharma inspected the LPG bottling plants of Indian Oil Corporation Limited and Hindustan Petroleum Corporation Limited in Bari Brahmana to assess their operations, stock levels, and supply chain efficiency.He reviewed the cylinder filling, storage, and dispatch...
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    ATF Prices Double: Airlines Get Partial Relief Amid Global Surge

    New Delhi, April 1 – ATF or jet fuel prices more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, but state-owned oil companies passed on only a fraction of the increase to domestic airlines, adopting a calibrated approach to dealing with the war-linked surge in global oil...
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    India Faces Economic Strain: Kharge Highlights Rising Costs

    New Delhi, April 1 – Congress National President Mallikarjun Kharge launched a scathing attack on the Centre on Wednesday over the "rising prices of essential commodities," including LPG, air travel, and medicines, accusing the government of economic mismanagement.In a post on X, Kharge said...
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    ATF Prices Surge to Record High, Domestic Airlines Get Partial Relief

    New Delhi, April 1 The price of Aviation Turbine Fuel (ATF), or jet fuel, more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, mirroring the surge in global oil prices last month, but for domestic airlines, the increase would only be 8.5 per cent.Domestic airlines will pay...
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    Fuel Price Hike Impacts India's Aviation and Hospitality Sectors

    New Delhi, April 1 The price of aviation turbine fuel (ATF), or jet fuel, more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, but domestic airlines will not have to pay this steep increase as a mechanism is being put in place to protect them.Meanwhile, the price of...
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    ATF Price Surge Impacts Airline Costs and Ticket Prices

    New Delhi, April 1 Airfares are expected to rise in the wake of the ongoing conflict in West Asia, amid a significant increase in jet fuel prices.The price of Aviation Turbine Fuel (ATF) has more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, and this is the first time that...
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    Rising Fuel Costs Impact Airlines and Businesses

    New Delhi, April 1 The price of aviation turbine fuel (ATF), or jet fuel, more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, while commercial LPG rates were raised by Rs 195.50 per cylinder, mirroring the surge in global oil prices linked to the escalating conflict in West...
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    Delhi LPG Prices Adjusted for Global Oil Market

    New Delhi, April 1 The price of commercial LPG was increased by ₹195.50 on Wednesday, due to the surge in global oil prices linked to the escalating conflict in West Asia.A 19-kg cylinder of commercial LPG now costs ₹2,078.50 in Delhi, according to state-owned oil companies.Rates were last...
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    Sri Lanka Receives Fuel from India Amidst Supply Disruptions

    Colombo, March 29 Sri Lankan President Anura Kumara Dissanayake thanked Indian Prime Minister Narendra Modi on Sunday for sending an oil shipment to ease the fuel supply disruptions in the island nation caused by the West Asia conflict.A shipment of 38,000 MT of fuel, comprising 20,000 MT of...
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    Sri Lanka Receives Emergency Fuel Shipment

    Colombo, March 27 A combined shipment of 38,000 metric tonnes of diesel and petrol is scheduled to arrive in Sri Lanka from India on Saturday, according to the Indian High Commission on Friday.The fuel shipment will arrive at the Colombo Harbour following a telephone conversation held on March...
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    India's Fuel Prices Adjusted as Global Oil Costs Increase

    New Delhi, March 26 Nayara Energy, India's largest private fuel retailer, on Thursday raised petrol prices by Rs 5 per litre and diesel by Rs 3 a litre, passing on part of the recent surge in global oil prices following the war in the Middle East, sources said.Fuel marketing companies in India...
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    Fuel Shortage Fears Prompt Authorities to Warn Against Panic Buying

    Bengaluru, March 25 The Karnataka government on Wednesday urged people not to pay attention to rumors about a shortage of petrol and diesel, or to engage in panic buying, amid reports of people queuing up at fuel stations in some parts of the state.In a statement, the government said that the...
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    LPG Crisis Linked to Regional Conflict Impacts

    Shimla, March 25 The crisis caused by the conflict in West Asia has led to a 30-35 per cent increase in bookings for LPG refills this month compared to February, a state official said on Wednesday.There were 9,500 LPG bookings on a single day in February, which has increased by 30-35 per cent...
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    Supply Chains Stable: Oil Firms Urge Against Panic Buying

    New Delhi, March 25 State-owned oil companies said on Wednesday that there is no shortage of petrol, diesel, or LPG in the country, urging citizens not to believe rumors circulating on social media or resort to panic buying.Indian Oil Corporation (IOC), the nation's largest oil firm, said...
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    Premium Petrol Increase in Rajasthan: Limited Impact on Overall Sales

    Jaipur, March 20 Amid volatility in global crude oil markets and rising geopolitical tensions in the Gulf region, Oil Marketing Companies (OMCs) have increased the prices of premium petrol (branded fuel). In Rajasthan, the increase, ranging between Rs 2 and Rs 2.3 per litre, has been announced...
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