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Hindustan Petroleum And Indian Oil Corp

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  • HPCL, BPCL, IOC's losses to widen 50% in FY13 on weak rupee

    The rupee is currently trading at Rs 59.95 against the dollar A one rupee movement against the greenback increased under-recoveries by around Rs 9,000 crore for oil companies last month.

  • 3 OMCs, 17 sugar mills in CCI net for cartelisation

    3 OMCs, 17 sugar mills in CCI net for cartelisation

    The fair trade regulator will look into anti-competitive practise adopted by ethanol makers while bidding for supplying the commodity to oil retaillers.

  • Oil Min pushing for daily petrol price revision: Sources

    Oil Min pushing for daily petrol price revision: Sources

    The oil ministry is pushing state-run oil companies to revise petrol price daily in line with international rates and the rupee's value against the dollar, exclusive sources tell CNBC-TV18.

  • Fuel price hike: How much will HPCL, BPCL, IOC gain

    Fuel price hike: How much will HPCL, BPCL, IOC gain

    Oil companies may cut losses by around Rs 10,000 crore by year-end on regular diesel price hikes, say analysts. Bharat Petroleum, Hindustan Petroleum and Indian Oil Corp are still losing around Rs 9.50/litre on diesel sale, despite raising price for the second time in a month, after the government allowed them to do so.

  • Should OMCs expect timely subsidy from govt in 2013

    Should OMCs expect timely subsidy from govt in 2013

    Oil marketing companies (OMCs) continue to take a hit on sale of petroleum products due to delay in government subsidy.

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