12.51 pm | 24 May 2012 |  Source: CNBC-TV18

According to the former director of finance for BPCL SK Joshi, the best way for the government to manage its subsidies and the price of petrol is by g...

11.38 am | 24 May 2012 |  Source: Moneycontrol.com

Consumers may be crying hoarse about the steep hike in petrol prices, but brokerages explain why oil marketing companies (OMCs) had to raise the commo...

9.07 am | 24 May 2012 |  Source: CNBC-TV18

Speaking to CNBC-TV18, RK Singh, CMD of BPCL says the hike will be enough to recover only current losses not the ones made in the past. "We hope the c...

6.22 pm | 23 May 2012 |  Source: Moneycontrol.com

In one swift move, IOC, BPCL and HPCL have hiked petrol prices by Rs 6.28 per litre, effective midnight. The quantum of hike has taken the country by ...

8.32 pm | 18 May 2012 |  Source: PTI

Oil marketing companies (OMCs) incur losses due to depreciation of rupee against dollar, minister of state for finance Namo Narain Meena said in a wri...

4.40 pm | 10 May 2012 |  Source: Moneycontrol.com

The Competition Commission of India (CCI) has given a clean chit to state run oil marketing companies-Hindustan Petroleum, Bharat Petroleum and Indian...

12.14 pm | 02 May 2012 |  Source: Moneycontrol.com

Worried of lower domestic demand in their profitable jet fuel business, state-run oil marketing companies (OMCs) have written to the petroleum ministr...