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Kerosene

Dec 16, 2014 at 15:20 | Source: Moneycontrol.com
Low crude prices will help oil marketing companies reduce underrecoveries on sale of subsidised kerosene and LPG gas. These companies have already been earning income on petrol and diesel as Brent crude fell nearly 48 percent from June when the price was USD 115 a barrel.
Dec 05, 2014 at 18:46 | Source: CNBC-TV18
In the FY16 Budget, plan expenditures would be more realistic and not as ambitious as the previous Budgets. The government aims to keep its fiscal deficit target at 3.6 percent for FY16.
Dec 04, 2014 at 15:55 | Source: CNBC-TV18
Sources say the PMO has already agreed to share the subsidy burden 50:50 and taking this forward, the oil ministry is now arguing that the same rationale should be applied for diesel and kerosene.
Dec 03, 2014 at 18:23 | Source: Reuters
The country's largest oil and gas explorer has seen profits decline due to the sale of crude oil to state-run refiners at discounted rates.
Dec 01, 2014 at 17:57 | Source: PTI
These are lower than Rs 27.60 a litre loss oil firms were incurring on sale through PDS in November, and Rs 393.50 per LPG cylinder.
Dec 01, 2014 at 11:05 | Source: CNBC-TV18
The interest costs for the company would be lower by 30-40% in FY15 compared to the last fiscal said B Ashok, chairman, IOC.
Nov 04, 2014 at 11:55 | Source: PTI
State-owned fuel retailers are losing Rs 27.60 on sale of every litre of kerosene through the Public Distribution system (PDS) and Rs 393.50 per 14.2-kg domestic cooking gas LPG, an official statement said.
Nov 03, 2014 at 18:46 | Source: PTI
Losses on sale of subsidised fuel have risen by 35 percent to Rs 188 crore per day even though oil firms have been losing less on LPG and kerosene because of fall in international oil rates.
Oct 20, 2014 at 14:15 | Source: CNBC-TV18
In an interview to CNBC-TV18, oil minister Dharmendra Pradhan said the government has considered all aspects before linking diesel prices to market.
Oct 16, 2014 at 19:25 | Source: CNBC-TV18
The realisation on diesel is now Rs 3.56 per litre for the second fortnight of October. That compares to a realisation of Rs 1.90 per litre in the previous fortnight.
Messages on Kerosene »

R Jagannathan

Platinum Member

1132 Followers

Budget  

interactions, but the gist is this: diesel is being deregulated once the subsidies become zero after the monthly increases of 50 paise neutralise the losses faced by oil marketing companies. Subsidies on LPG, kerosene and fertiliser are being capped at specific levels - and their market prices deregulated

11.22 AM Jul 8th

dipu_1990

Platinum Member

160 Followers

Jet Airways  

the ATF is priced higher as it subsidises the other fuels, like kerosene and LPG. it is currently priced around same level as petrol. how much price reduction r u expecting in ATF price, and will that also result in the price of petrol coming down as well? even if there is a minor reduction in ATF

10.17 AM Jul 8th

Web Messenger

Platinum Member

257764 Followers

News Now  

Source:Calcutta Telegraph News - New Delhi, July 4: The government is looking at options to cut the oil subsidy bill, such as a one-time hike in kerosene and cooking gas prices or a phased monthly increase like diesel. “The ministry will put forward different options for the consideration

7.01 PM Jul 7th

Web Messenger

Platinum Member

257764 Followers

Budget  

Source:Economic Times - NEW DELHI: Ruling out any immediate hike in prices of LPG and kerosene, Oil Minister Dharmendra Pradhan today said the new government will continue with the policy of subsidising commonly used cooking fuels.

6.58 PM Jul 7th

uuuthh

Platinum Member

1401 Followers

Indian indices  

Big tickets that would continue the bullish rally in Nifty Good news for some sectors: # Oil and Gas sector - Phased reduction in LPG/Kerosene subsidy # Tax slabs - Income tax slabs to be raised from 2,00,000rs. to 3,00,000rs. # Mortgage tax break - Raise current limit of 1,50,000rs to 3,00,000rs.

5.27 PM Jul 7th

zakmathew

Gold Member

0 Follower

Oil & Gas - Sector  

Govt. should look at alternatives and rationalize expenditure to keep the price at the current level. It is suggested to bring gas, kerosene, petrol, diesel under a comprehensive scheme and provide it at extremely competitive rates through rationalizing expenditure.

10.03 AM Jul 6th

MMB Messenger

Platinum Member

263082 Followers

Oil & Gas - Sector  

Oil Ministry finalises plan for LPG, Kerosene price hike. Will PM give the go ahead?

4.51 PM Jul 4th

R Jagannathan

Platinum Member

1132 Followers

Politics  

450 per cylinder. Kerosene, of course, remains the holy cow - the so-called poor man`s cooking fuel that is actually used to adulterate diesel. With diesel rising consistently, the government has effectively increased the incentive for adulteration and corruption. Why do governments do such daft

12.38 PM Jul 3rd

kolaskar

Platinum Member

72 Followers

HPCL  

hold on to HPCL or buy around 405 levels. This stock is bound to go up as indirect oil reforms are the only reality and possibility in the next 6-8 months. I am sure with a looming large fiscal deficit, there will be some bold announcements on LPG and Kerosene prices in the budget.

11.20 AM Jul 1st

john_H

Silver Member

37 Followers

BPCL  

Target 750 in 3 months, provided govt continues on reform front ( lpg and kerosene hikes) after assembly elections in 3 states.

1.34 PM Jun 30th

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Dec 13, 2014 at 06:30 | Source: FirstPost