FirstpostOil retailers rise after US crude oil prices tumbleEconomic TimesShares of Oil retailers gained in intraday trade on Thursday after the US crude oil proces tumbled. Indian Oil Corp advanced 2.3 per cent 4.77 per cent in intraday trade. Hindustan P …

NDTVIOC to import Iraqi oil for India's maiden strategic reserveEconomic TimesIndia, which is 79 per cent dependent on imports to meet its crude oil needs, is building emergency stockpiles with millions of barrels of crude that mirror the reserves that …

Slots of 'sacked' independent directors lie vacant at Oil PSUsEconomic TimesNEW DELHI: Months after the BJP government sacked most of the independent directors at top oil PSUs, the boards of blue chip firms like ONGC and GAIL are functioning with m …

Oil firms will decide on price revision: Petroleum Minister Dharmendra PradhanEconomic TimesThe crude oil that is being processed currently in refineries is one that was bought about 6-8 weeks back when rates were higher than present prices. By the time it …

NDTVOil firms face Rs 10000 crore inventory loss, depreciating rupeeEconomic TimesWhile the slump in international crude oil prices had resulted in successive cuts in petrol and diesel prices, for oil companies they had meant inventory losses as they would …