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Asian oil refinery margins jump on outages in Mideast, Asia

17-01-2017| Source:Reuters

The higher Asian refining margins have beat back concerns that profits would fall as crude oil prices gained as the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers

Saudi Arabia cuts February oil exports to some buyers in India

11-01-2017| Source:Reuters

State oil giant Saudi Aramco reduced February term supplies of mainly heavy crude to Indian refiners Reliance Industries and Hindustan Mittal Energy Ltd (HMEL), as well as to Malaysia's Petronas

Crude oil to trade in 3454-3604 range: Achiievers Equities


According to Achiievers Equities, Crude oil dropped as market players looked ahead to weekly data from the U.S. on stockpiles of crude and refined products.

Retain buy on IOC, HPCL, BPCL post fuel price hike: Deutsche


Deutsche Bank has reiterated its preference for oil marketing companies over upstream companies after the oil retailers passed on rising crude price cost. It expects oil retailers to benefit from

Essar Oil posts record Rs 2,162 cr net profit in FY2015-16

26-12-2016| Source:PTI

Essar Oil today said it earned arecord net profit of Rs 2,162 crore in the 2015-16 fiscal onback of robust refining margins.

Ruchi Soya's credit rating revised by Credit Analysis and Research


Ruchi Soya Industries has informed that the Credit Analysis and Research has revised the rating of the company.

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