Deisel

OMCs can easily afford to cut prices by 2-2.5/litre: Expert

The oil marketing companies could easily afford to bring down the price of petrol by at least Rs 2-2.50 per litre, says Narendra Taneja, energy expert.

Pre-Budget breather likely by diesel hike: Udayan

There are eight trading sessions to go before the Union Budget. So if there is going to be any pre-Budget activity or flurry in the market, this is the time for it, one way or the other.

Quantum not fixed, but expect another hike in 15 days: IOC

Speaking about the authorization to hike prices, PK Goyal, chairman, IOC said the quantum of hike has not been directed by the government.

Nifty maintains 6K in dull trade; oil stocks up

At 10.32 AM, the Sensex moved up 32.34 points at 19849.97, and the Nifty was trading 8.85 points up at 6010.70.

Oil cos may cut petrol price by Rs 1.75/litre next week

Petrol prices may be cut by about Rs 1.75 a litre early next week as oil companies skipped the regular date for revision in rates.