oil

Petrol and diesel prices remain unchanged for the second day in a row: Check fuel prices on April 17

Petrol and diesel prices remain unchanged for the second day in a row: Check fuel prices on April 17

On April 17, the prices of petrol and diesel remained unchanged across the country. For the last three days, the prices remained the same...Read More

Sensex drops over 150 pts in early trade; Bajaj Finance, Asian Paints, ICICI Bank, Kotak Bank, HDFC Bank, Reliance Industries others among losers

Sensex drops over 150 pts in early trade; Bajaj Finance, Asian Paints, ICICI Bank, Kotak Bank, HDFC Bank, Reliance Industries others among losers

Equity benchmark Sensex dropped over 150 points in early trade on Friday, tracking losses in index-heavyweights HDFC Bank, ICICI Bank and...Read More

India to buy one-third less oil from Saudi Arabia

India to buy one-third less oil from Saudi Arabia

Indian refiners will buy less oil from Saudi Arabia next month as they snap up supplies outside of the Middle East as part of diversifica...Read More

Suez Canal crisis: Oil dives as ship refloats

Suez Canal crisis: Oil dives as ship refloats

Oil prices slumped after reports stated that Ever Given that is blocking the Suez Canal has refloated. However, this is not the only reas...Read More

BPCL sells 54.16% stake in NRL to OIL; 4.4% to EIL

BPCL sells 54.16% stake in NRL to OIL; 4.4% to EIL

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Friday said it has sold its entire 61.5 per cent stake in Numaligarh Refin...Read More

India to buy oil from cheapest supplier; Saudi minister response 'undiplomatic': Oil Minister Dharmendra Pradhan

India to buy oil from cheapest supplier; Saudi minister response 'undiplomatic': Oil Minister Dharmendra Pradhan

With Saudi Arabia giving cold shoulder to its plea for easing production controls, India on Friday said it will buy oil from any country ...Read More

OPEC ignores India's call; Saudi asks New Delhi to use cheap oil it bought last yr

OPEC ignores India's call; Saudi asks New Delhi to use cheap oil it bought last yr

Brent crude, the most widely used benchmark, on Friday rose nearly 1 per cent to USD 67.44 a barrel after the Organization of the Petrole...Read More

OIL along with Engineers India Ltd bid for BPCL's stake in Numaligarh Refinery

OIL along with Engineers India Ltd bid for BPCL's stake in Numaligarh Refinery

Oil India Ltd (OIL), in consortium with Engineers India Ltd (EIL), have placed their bid for acquiring 61.65 per cent stake of Bharat Pet...Read More

Coconut oil: The new haircare favourite across the world

Coconut oil: The new haircare favourite across the world

From Priyanka Chopra Jonas to Miranda Kerr and from Mindy Kaling to Kourtney Kardashian, know how India’s favourite oil and the good ol’ ...Read More

Five reasons why you should choose coconut oil over others

Five reasons why you should choose coconut oil over others

While its numerous hair advantages are well known, here are the top 5 benefits that make coconut oil indispensable.

Reliance Industries recalibrating business across oil to retail chain

Reliance Industries recalibrating business across oil to retail chain

Reliance Industries Ltd, India's biggest firm, has reorganised oil to chemicals business, recalibrated retail operations, and is doubling...Read More

Reliance spins off oil-to-chemical unit

Reliance spins off oil-to-chemical unit

The oil-to-chemical (O2C) business unit holds Reliance's oil refinery and petrochemical assets and retail fuel business but not upstream ...Read More

BPCL board approves buying out Oman Oil's stake in Bina refinery

BPCL board approves buying out Oman Oil's stake in Bina refinery

The BPCL board at its meeting on Thursday also approved merging Bharat Gas Resources Ltd (BGRL) with itself, the company said in a filing...Read More

Reliance Industries Q2 net falls 15 pc on weak oil business

Reliance Industries Q2 net falls 15 pc on weak oil business

Consolidated net profit attributable to owners at Rs 9,567 crore in July-September compared with Rs 11,262 crore a year back, Reliance sa...Read More

Cabinet nod to Rs 3,874 cr spending on stocking oil

Cabinet nod to Rs 3,874 cr spending on stocking oil

The Cabinet Committee on Economic Affairs (CCEA) also allowed Abu Dhabi National Oil Co, which has hired a part of the strategic storage,...Read More

Shares, oil prices sink after Trump tests positive for COVID-19

Shares, oil prices sink after Trump tests positive for COVID-19

US stock futures and Asian shares fell Friday after President Donald Trump said he and first lady Melania Trump had tested positive for t...Read More

OIL's 2019-20 profit 2,584 cr, revenue Rs 13,649 crore

OIL's 2019-20 profit 2,584 cr, revenue Rs 13,649 crore

State-owned Oil India Ltd (OIL) has posted a profit after tax of Rs 2,584 crore with revenue of Rs 13,649 crore in fiscal 2019-20, its Ch...Read More

If data is the new oil, why we as data producers are not rich...

If data is the new oil, why we as data producers are not rich...

Tech-n-BizA fortnightly section on technology and business

Despite fuel price cuts, OMCs improve marketing margins

Despite fuel price cuts, OMCs improve marketing margins

COVID-19 pushed demand squeeze and fall in product prices, including that of fuel is unlikely to impact the profitability of oil marketin...Read More

OPEC cuts oil demand forecasts, BP sees 'peak oil' in 2020s

OPEC cuts oil demand forecasts, BP sees 'peak oil' in 2020s

Developing countries' difficulty in containing the spread of the coronavirus pandemic will keep a lid on global oil demand, particularly ...Read More

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