Tue, Oct 01, 2024
After the centre increased natural gas price, upstream oil majors traded weak to mixed.
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Tue, Aug 13, 2024
Seven firms, including Vodafone Idea and Oil India, would be included in the MSCI India Index effective August 30, 2024, as per the latest index review by MSCI.
Thu, Aug 01, 2024
Oil stock will gain focus in Thursday's session (August 1) as the Centre has taken a call on the windfall taxes and has on Wednesday reduced the windfall tax on domestically produced crude oil to Rs 4,600 per tonne from Rs 7,000 per tonne.
Fri, Aug 19, 2022
The government raised the windfall profit tax on the export of diesel and brought back a tax on jet fuel exports, however, cut the levy on domestically produced crude oil in line with softening rates,
Fri, Aug 12, 2022
In early trade, shares of OIL opened on a strong note at Rs 190 on BSE, then gained more ground to touch Rs 194.65, registering a jump of 3.56 percent over its previous close. The stock finally settled at Rs 190.40 apiece, higher by 1.30 percent, on BSE.
Wed, Jul 20, 2022
According to a Reuters report, India has cut a windfall tax on oil producers and refiners and exempted gasoline from an export levy, less than three weeks after it imposed the two charges
According to a Reuters report, India has cut a windfall tax on oil producers and refiners and exempted gasoline from an export levy, less than three weeks after it imposed the two charges.
Tue, Jul 19, 2022
JM Financial maintained a Buy stance on both ONGC and Oil India with target prices of Rs 210 and 280 per share, respectively, as they are the key beneficiaries of higher crude and gas prices
The oil market may tighten further as the EU’s embargo on Russian oil takes full effect by end-CY22 amidst limited OPEC+ spare capacity, the brokerage said.
Fri, Jul 15, 2022
The fall in the crude oil prices as well as the refining margin for diesel, petrol and aviation turbine fuel, raises the question whether the Indian government should continue with its windfall tax, said CLSA Ltd in a report.
Thu, Jul 07, 2022
The Indian market was off to a good start on Thursday as domestic equity benchmark indices opened with almost one per cent gains amid improved sentiment.
Mon, Jul 04, 2022
After the government announced export restrictions and imposed additional excise duty on petroleum products, brokerages feel oil production may hit upstream companies by under-realization.
Tue, Jun 28, 2022
At around 12:06 PM IST, Brent crude quoted at $ 112.77 a per barrel, up 1.45 per cent. US WTI Crude futures were up 1.4 per cent at $111.25.
Mon, Jun 20, 2022
The crude oil on Friday slipped four-week low to around 7 per cent, as investors feared that interest rate hikes could slow the global economy and cut demand for energy, according to a Reuters report.
Mon, Jun 06, 2022
Oil companies in focus! Singapore GRM jumps more than 10 times in one year. Why the strong rally in oil companies? Know full news from Varun Dubey.
In the last five sessions, Oil India/ ONGC shares have outperformed the market by gaining 16/5 per cent respectively on the BSE as compared to a 0.15 per cent gain in the S&P BSE Sensex.
Wed, Jun 01, 2022
The scrip on Wednesday gained over 5 per cent to Rs 251 per share on the BSE intraday. The counter is trading near its 52-week high of Rs 267.7 per share on October 01, 2021.
Tue, May 31, 2022
According to a Reuters report, oil prices extended gains on Tuesday as they breached $120 per barrel, after the European Union agreed to slash oil imports from Russia.
Mon, May 30, 2022
Shares of Aarti Industries, Astral Limited, Info Edge (India), FSN E-Commerce Ventures (Nykaa), PB Fintech (Policy Bazaar), City Union Bank, and Oil India Limited have jumped up to 10 per cent on the BSE intraday trade on Monday.
Fri, May 27, 2022
Q4 Results 2022: Listed companies including Indiabulls Real Estate, Oil India and Realty firm Puravankara declared their March quarter results. Here are key highlights of the quarterly earnings
Wed, Apr 13, 2022
Crude oil prices increased around 6 per cent on Tuesday amid reports of lower supply by oil producers and easing of lockdown curbs in parts of China, according to a Reuters report
Thu, Mar 17, 2022
Certain stocks were in action in either direction based on reports linked to them. Here is a list of some of such stocks.
Tue, Mar 15, 2022
The decline in ONGC shares was mainly due to softening of crude oil amid easing geopolitical situations between Russia-Ukraine.
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