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You Searched For "petroleum product sales" and got 20 results


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India's petroleum product sales hit seven-month high in December

India's consumption of petroleum products rose to a seven-month high in December to about 20.05 mil…

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Warren Buffett's $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low

The $55 to $60 level has acted as a floor for Occidental Petroleum stock since Buffett started buyi…

Matthew Fox   


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India's petroleum products demand to increase mid-single-digit percentage in 2023-24: Fitch

India's demand for petroleum products is likely to increase by a mid-single-digit percentage in the…

ANI   


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Extreme heat melts diesel demand, sales drop 4% in June

India's diesel demand slumped in June as extreme heat conditions in parts of the country curtailed …

PTI   


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IOC Q2 net profit jumps to Rs 12,967 cr; half yr profit tops best-ever full-year earning

State-owned Indian Oil Corporation (IOC) on Tuesday reported a return to profitability with a net p…

PTI   


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US imposes sanctions on Indian company over alleged Iran oil deal

On Thursday, the Department said that the company "purchased millions of dollars worth" petroche…

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IIT Madras researchers devise method to detect petroleum

The Indian Institute of Technology (IIT) Madras researchers have developed a statistical approach t…

ANI   


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ONGC to invest ₹1 lakh cr in energy transition, targets net-zero by 2038

Net-zero for a company means achieving a balance between the quantum of greenhouse gases it pla…

PTI   


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Crude oil prices may hit $100/bbl after OPEC+ decision, say analysts

Crude oil prices are expected to rise after the oil cartel OPEC+ announced their decision to extend…

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GAIL reports 16.5% growth in its net profit to ₹1,239 crore for the second quarter

The net profit, however, recovered by a wider margin compared to the previous quarter (Q1 of FY2…

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3 mins read

Two-wheeler sales in India could contract by 16-18% in FY2021, says ICRA

Two-wheeler industry unit sales are now likely to decline between 16 and 18 per cent to around 17 m…

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4 mins read

India may have to sell BPCL shares for less than the best price⁠ as the government needs money

The government needs money to stimulate the economy and tax collections are likely to be down.…

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Politically created crude oil surplus is already ending says Goldman Sachs

Fundamentals for crude oil weakened in April-May with modest declines in the Russian exports, recor…

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Amazon, Flipkart and Myntra sales – all unaffected by low consumer sentiment

India’s e-commerce titans — Amazon, Flipkart and Myntra — are all hosting their mid-year sales at t…

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Russia revives oil exports to North Korea as US sounds alarm on more arms sales for Ukraine war

Since December 2022, Russia has exported 67,000 barrels of oil products to North Korea, a UN report…

Filip De Mott   


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Tata Consumer sees growth on the back of Starbucks, tea and salt

In FY22, its revenue grew 77% because of record store openings and entry in seven cities. In Ind…

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Here’s why Hindustan Petroleum shares rallied over 7% today

The shares of Hindustan Petroleum (HPCL) gained over 7% after the oil refining and the marketing gi…

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JSPL reports strong Q3 steel production, sales data

New Delhi, Jan 2 () Jindal Steel and Power Ltd (JSPL) on Thursday said its domestic production of c…

PTI   


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Crude oil, petroleum products may be covered under GST

If brought under the GST regime, it will reduce the inflationary impact of the tax. The GST council…

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Bharat Petroleum reports 93% increase in its standalone net profit for April-June quarter

Bharat Petroleum Corporation Ltd (BPCL), the highlight among the host of state-run companies put on…