MoPNG initiates transition from steel to new age fiber-based LPG cylinders

Aug 05, 2024

As of July 1, there are 32.68 crore active domestic LPG consumers being served by public sector Oil Marketing Companies (OMCs). To ensure a...

Oil marketing companies making profit of Rs 15/lt on Petrol, Rs 12/lt on Diesel: ICRA

Sep 30, 2024

With crude prices going down, oil marketing companies (OMCs) are making huge profits by selling petrol and diesel.

OMCs hike commercial gas cylinder price by Rs 25

Jan 01, 2023

With this price hike, a 19-kg commercial cylinder in Delhi will cost Rs 1,769, Rs 1,721 in Mumbai, Rs 1,870 in Kolkata and Rs...

Pak oil firms make huge profits through tax-free imports

Jan 24, 2022

Islamabad [Pakistan], January 24 : While Pakistan's trade deficit is widening, its oil marketing companies (OMCs) are making huge profits through tax-free imports.

Fuel rates hiked for 14th day in a row, petrol price up by Rs 0.51, diesel by Rs 0.61

Jun 20, 2020

New Delhi [India], June 20 : The state-run oil marketing companies (OMCs) have increased the prices of fuel for the 14th consecutive day.

Equity indices close in the green but FMCG and OMCs lose

May 06, 2020

Mumbai (Maharashtra) [India], May 6 : Heavy buying in financial counters led equity indices to close in the positive terrain on Wednesday after a...