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"omcs"

  • India OMCs to pay discounted rates to refiners amid fuel price freeze

    India’s oil marketing firms like Indian Oil Corporation will pay discounted prices to refineries to offset fuel price freeze losses, shifting the burden onto standalone refiners amid rising crude costs and widening under-recoveries across petrol, diesel and ATF
  • OMCs assure continuous LPG supply despite transporters’ strike

    OMCs confirmed that they have enough LPG stocks at their bottling plants and that LPG distributors will operate as usual. They urged consumers not to panic.
  • Petrol pump dealers across 24 states to go for ‘No Purchase’ on Tuesday

    New Delhi: Petrol pump dealers across 24 states have decided not to purchase diesel and petrol from oil companies on Tuesday to mark their protest against dealers’ commission which has not been revised since long, it was announced on Monday. Around 70,000 outlets across 24 states will not buy fuel from oil marketing companies. “Dealers […]
  • Inflation burning hole in common man’s pocket

    New Delhi: The common man is likely to suffer more with the rising prices of commodities with the most recent blow being the rise in the price of the domestic cooking gas cylinder (LPG). The cylinder got dearer by Rs 50 while the prices of petrol and diesel have risen by 80 paise each per […]
  • Petrol, diesel prices steady amid drop in global crude rates

    New Delhi: Consumers continue to get relief from rising fuel prices with oil marketing companies (OMCs) keeping pump prices of petrol and diesel unchanged post revision of duties by the state governments on Diwali eve. Accordingly, their prices remained static for 13th consecutive day on Wednesday under the daily price revision mechanism followed by oil […]
  • No respite for petrol consumers, but diesel prices finally cut

    Across the country as well, diesel prices fell between 20-25 paise per litre while petrol remained at the same level prevailing for the last one month.
  • Fuel prices could have reduced by Rs 1 but for OMCs’ reluctance

    In line with softening of global oil prices, OMCs have not revised petrol and diesel prices for the past 10 days since July 18.
  • Double century in Sri Ganganagar: Petrol-diesel above Rs 100/l mark

    The benchmark Brent crude is currently close to $74 on the ICE or Intercontinental Exchange .
  • Petrol price rises again after hitting century mark in Mumbai

    Across the country as well, petrol and diesel prices increased on Monday but the quantum varied depending on the level of local taxes in different states.
  • Petrol and diesel get dearer, retail prices rise by 25 p/l

    Across the country as well the fuel prices increased between 20-27 paise per litre but their retail prices varied depending on the level of local taxes.
  • Petrol price inches closer to century mark in Mumbai

    The price of petrol increased by 17-19 paisa per litre while the diesel price increased by 28-30 paisa per litre across metro cities of the country.
  • Consumers spared of hike; petrol, diesel prices unchanged on Thursday

    New Delhi: Consumers have been spared of another increase in auto fuel prices with oil marketing companies (OMCs) deciding to keep petrol and diesel rates unchanged on Thursday. This is second consecutive day of fuel price pause and follows slight softening in global oil market over demand concerns prime markets in Asia seeing rising cases of […]
  • Petrol, diesel prices increase after a day’s pause

    Petrol prices have increased by Rs 2.30 a litre in Delhi in May in the 10 increases so far.
  • Are OMCs shifting to alternate day fuel price revision mechanism?

    With global crude prices at around $ 69 a barrel mark, OMCs may have revise fuel prices upwards again if there is any further firming up.
  • Petrol, diesel rise sharply for 2nd day

    With global crude prices at over $69 a barrel mark, OMCs may have revise fuel prices upwards again if there is any further firming up.
  • Fuel prices remain steady; revisions expected next month

    The price of the two auto fuels had fallen by 16 paisa and 14 paisa per litre respectively on April 15 after a 15 day break when OMCs kept its prices static.
  • Fuel prices unchanged as Covid surge keeps crude stable

    The price of the two auto fuels had fallen by 16 paise and 14 paise per litre respectively on April 15 after a 15 day break when OMCs kept its prices static.
  • After 2 days of fall, fuel price revision on a pause

    The OMCs went on a price cut for the first time this year on Wednesday after keeping oil prices steady for the past 24 days.
  • Petrol, diesel prices steady even as crude crosses $70/b

    The increase in the previous weeks has taken petrol to cross historic high levels of Rs 100 a litre in several cities across the country.

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