The HinduOMCs mull used-lube oil collection centresThe HinduPublic sector oil marketing companies are giving shape to an ambitious plan to move used lubricant oil handling in the country from the existing, largely informal sector, to a formal set up focuss …

LivemintCrude at 31-month high, oil marketing companies likely to be under pressureLivemintMumbai: Increase in Brent crude price is likely to hurt profitability of Indian oil marketing companies (OMCs), according to analysts. Prices of Brent crude touched …

USA TODAYCould Iran protests spark rise in oil prices? - USA TodayUSA TODAYOil prices edged toward levels not seen since mid-2015 on Tuesday morning after Iran protests conjured speculation about geopolitical instability.and more » Read more htt …

The New Indian ExpressGovernment won't intervene in daily price revision: Oil ministerThe New Indian ExpressNEW DELHI: State-owned oil marketing companies' (OMCs) shares took a beating on Wednesday after reports appeared speculating the government …

Oil settles at a 7-month low under $45 a barrelMarketWatchOil prices dropped under $45 a barrel Wednesday to mark their lowest settlement since mid November. Prices fell steeply after the Energy Information Administration reported a smaller-than-expected w …

Reviving Indonesia's Lagging Oil SectorOilPrice.comIndonesia, one of the biggest oil producers in Asia remains underexplored despite its huge hydrocarbon potential. With oil prices around $50, investors are not eager to take these kind of risks. Ahead …

Economic TimesDaily revision of fuel prices will benefit all: Indian OilEconomic TimesThe system is in line with the international practices and is followed in all advanced economies," stated Rahul Bharadwaj, Executive Director, Indian Oil (Telangana …

How “Zombie” Funds Are Disrupting Oil PricesOilPrice.comLast December, Credit Suisse Group AG (CS), closed two very popular ways of betting on oil to the public. Both were exchange-traded notes (ETNs) pegged to oil prices, and both had been multi-billion d …

Economic TimesOil firms set up system for smooth daily fuel price changeEconomic TimesNEW DELHI: State-run oil marketing companies (OMCs) have set up a system for the smooth rollout of the daily revision of transport fuel prices across the country, the big …

Economic TimesOil firms may take a collective hit of Rs 25000 crore as a result of GSTEconomic TimesNEW DELHI: Oil companies will have to take a collective hit of about Rs 25,000 crore a year after the roll-out of the goods and services tax since most of t …