OPEC oil production cut to raise petrol, diesel prices
OPEC Plus – a grouping of 23 oil-rich countries -- is meeting in Vienna on Wednesday to discuss a major production cut for the first time since March 2020.
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Will falling crude prices, improving marketing margins boost OMC stocks?
The recent fall in international crude and product prices has helped state-owned OMCs to narrow their marketing losses.
Indian Oil to spend ₹2 lakh crore towards zero emissions by 2046
IOC to achieve two-thirds of emission cuts via energy efficiency, electrification and fuel replacement. About a third via carbon capture use and storage, nature-based solutions and carbon credits
Soft opening seen for Sensex, Nifty; Infosys, Indian Oil, Wonderla Holidays, Minda Ind shares eyed
The Sensex and Nifty are poised to open slightly lower on the F&O expiry day, tracking weak cues from global peers and negative trends on SGX Nifty.
This multibagger PSU stock rallied 230% in calendar year 2022
This oil stock surged as much as 230% this year, with share price hitting an over four-year high of ₹343.60 in intraday trade on Friday.
Why are oil stocks IOC, HPCL, BPCL down today
Shares of state-owned oil companies plunged up to 7% on Wednesday after Indian Oil reported weak earnings for the March quarter of 2022.
Indian Oil Q4 net profit drops 31%; board recommends dividend, bonus shares
As fuel prices increased, revenue from operations increased 26% to ₹2,06,460.89 crore during Q4 FY22, compared with ₹1,63,732.98 crore in the year-ago period.
Why are Indian Oil, L&T shares trading higher today
Indian Oil Corporation, Larsen & Toubro and ReNew Power have signed a pact to form a joint venture to develop the nascent green hydrogen sector in India.
Sensex, Nifty to open in red; Nestle, Lupin, Airtel, Indian Oil, Wipro shares in focus
The BSE Sensex and the NSE Nifty are poised to open flat to lower on Friday, following soft cues from global peers and bearish trends on the SGX Nifty.
Sensex, Nifty set to extend rally; Data Patterns, Adani Enterprises, TCS, Indian Oil in focus
The BSE Sensex and the NSE Nifty are likely to close the week on a positive note, following strong cues from global peers as fears over the Omicron coronavirus variant faded.
