Crude oil prices heavily influence OMCs, as crude is their main raw material. When crude prices rise, OMCs experience higher ...
Hindustan Petroleum Corporation Ltd (HPCL), Indian Oil Corporation (IOC) remains in a sweet spot as declining crude prices ...
Shares of Kamdhenu Ventures jumped 5% to ₹11.20 apiece. Asian Paints also climbed 3.1% to ₹2,231 apiece. Berger Paints (India ...
Oil prices suddenly broke out of a months-long slumber this week to touch a three-year low. Now, traders are grappling with ...
OMCs are businesses involved in the marketing and distribution of petroleum products such as crude oil, gasoline, diesel, ...
Brent crude oil declined to its lowest level today since January 2021. Brent crude oil prices slipped to $69.4 per barrel.
Brent crude futures have plunged 6.5 percent over the last four sessions, settling at $68.34 per barrel—their lowest since ...
The fact that Donald Trump allowed the sanctions loophole to expire can be used politically. However, it will not be a blow ...
The share price of companies that procure crude oil as raw material are seeing smart gains today. Stocks like Asian Paints, HPCL, BPCL are up as much as 4% intra-day as crude prices slip to 6-month ...
A decline in crude prices benefits manufacturers dependent on crude-based inputs by lowering their production costs. This reduction provides them with greater flexibility to expand profit margins, ...
The fact that Donald Trump allowed the sanctions loophole to expire can be used politically. However, it will not be a blow ...
Oil supplies are on the way up and prices are dropping, giving plenty of fodder to attendees of CERAWeek, the global energy ...