Tax dept, OMCs locked in dispute over excise duty, oil firms served notice Business StandardThe indirect tax department and oil marketing companies are locked in a battle over levy of excise duty on ethanol-blended motor spirit (EBMS), with the …
Oil companies' profitability may take a hit in Q3 Economic TimesMumbai: The sudden collapse of crude prices and weaker gross refining margins (GRMs) are likely to impact profitability of refiners and marketers negatively in ... Read more https:/ …
Oil furnace likely cause of Peru blaze: officials HOI ABCPERU, Ill. (HOI) — A fire which destroyed a long-running Peru auto business began in the oil furnace, officials said at a Wednesday press conference. Read more https://hoiabc.com/news/top …
Business Live: Oil prices rise 4% BBC NewsOil prices reversed course to trade higher, mirroring gains in US stock indexes. Read more https://www.bbc.com/news/live/business-46637606
PSU oil firms are no longer taking margin hit on petrol, diesel sales Economic TimesOil prices have slumped in recent weeks allowing the marketing margin to be restored to its former levels. Read more https://economictimes.indiatimes.com/industr …
Oil stocks down 2% dragged by Reliance Ind; ONGC, Oil India hit 52-week low Business TodayIndian equities were trading lower on Monday with the BSE Sensex falling over 600 points while Nifty hovering near 10500 mark, tracking weak global cues an …
Falling crude oil price, advantage for stock market investors? Times NowThe tumble in crude oil prices have been well received by several experts, analysts, companies and government as lower crude oil prices will put lesser burden ... Read more …
Financial PostAs a free marketeer, I want the government out of the oil business. But the industry is under siegeFinancial Post“The Government's intent in the policy was to provide for the orderly development of the oil sands in such a manner as to sup …
Financial TimesThe romance of drilling for oil has peakedFinancial TimesWhen the price of crude oil goes through one of its periodic downturns, as it is doing now, it sends a shiver through the oil industry. History promises that higher prices will return. …
Economic TimesAs crude heads south, state oil companies rake in fat marginsEconomic TimesET Intelligence Group: Car and bike-owners are saving big as autofuel prices head south in India. But the biggest gainers from the precipitate plunge in global crude o …