Oil Psus

Petrol pumps threaten 'weekly off' every Sunday from 10 May as govt yet to decide on higher commission

Petrol pump owners had withdrawn their strike earlier in January following assurance from oil PSU firms on revision in dealer commission rates, but have so far not received any communication from them

Integrated oil company in the works: ONGC may merge HPCL or BPCL with itself

The proposed merger is unlikely to create an oil company giant of international scale

Awaiting Greece crisis outcome, Sensex ends 75 points lower; oil PSUs buck trend

Market breadth, howeve, ended higher with 1,519 stocks advancing against 1,251 declines on BSE.

Oil PSU shares hog limelight as US crude prices drop most since April

BSE Oil & Gas index topped sectoral performer list with gains of 1.3 percent

Subdued rise in Sensex but 70 stocks hit fresh 52-week highs

Several mid-cap & small-cap stocks back in action after recent lacklustre trend

Oil PSUs move SC for modification of Aadhaar not mandatory order

As rupee nudges 69, RBI decides to sell dollars to oil PSUs

The Reserve Bank of India will provide dollars directly to state oil companies in its latest attempt to shore up a currency that has slumped to a record low, reflecting the stiff economic challenges facing the country in an uncertain global environment.

Oil may stay below $92: If Modi gets it right, diesel deregulation is just 2 weeks away

If oil prices rise, the OMCs can hike prices from the current threshold. If they fall, they will make higher profits on petrol and diesel and cut the subsidy bill further. This is politically pragmatic and economically bankable.<br />