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Aviation fuel cheaper by 5.3%, second cut in a month
No immediate comments were available from the airlines on the impact of the price reduction on passenger fares. #Economy #Business #NewsTracker #Indian Oil #Hindustan Petroleum #Bharat Petroleum #Aviation Turbine Fuel #Nation
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Nifty in bear territory, but small bounce is likely
The banking and oil and gas sectors are likely to play a key role in dragging the Nifty down once the upward move is complete. #nifty #Bajaj Auto #Chart View #Hindustan Petroleum #CNX Bank Index
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Jet fuel price hiked by 3.8%, effective tomorrow
Jet fuel prices were on Thursday hiked by 3.8 percent, the second increase in rates in as many months. #NewsTracker #IOC #Hindustan Petroleum #Jet fuel #Bharat Petroleum #Aviation Turbine Fuel
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Economic TimesFM agrees to pay Rs 1 lakh-cr compensation to oil cos
However, the ministry has clearly told the oil ministry that the existing fuel pricing formula, which allegedly inflates government's fuel subsidy burden, will have to be changed from the current financial year. Finance ministry had already budgeted 96,8 #Veerappa Moily #Palaniappan Chidambaram #Manmohan Singh
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Topnews.inOil firms falls as government considers export parity pricing model
The shares of major oil marketing firms in the country fell today following indications that the government has given in-principle approval to plans for the adoption of export parity pricing model for petroleum products. It is believed that Oil Minister #Veerappa Moily
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Economic TimesHPCL to buy 40,000 bpd of Basra from Total
NEW DELHI: Hindustan Petroleum Corp will buy up to 40,000 barrels per day (bpd) of Basra light oil from France's Total at a discount to the official selling price, said a source at the firm. HPCL will lift 15,000 bpd of the Iraqi oil with an option to bu #Basra #New Delhi #Iraq