India's Daily Gasoline Sales In February Rise 1.5% Y/Y, Diesel Sales Fall 5.3% - Prelim Data

Gasoline and gasoil prices in India have risen to record highs, mirroring global markets. Taxes account for about 61% of retail gasoline prices and about 56% of diesel prices.

India's December 1-15 Diesel Sales Down 5.2% Y/Y - Prelim Data

Diesel consumption, a key parameter linked to economic growth and which accounts for about 40% of overall refined fuel sales in India, fell to 2.8 million tonnes in the first half of the month.

India's September Gasoline Sales Up 2% On Year, Diesel Down 7.3%

Gasoline sales by state retailers recovered to their level before the coronavirus pandemic for the first time since March, when India imposed curbs to contain it.

HPCL Delays $3 Billion Vizag Refinery Expansion

HPCL is also building facilities including a 0.352 million tonnes per year (tpy) naphtha isomerisation unit, a 3.053 million tpy hydrocracker and a power plant that can run on either naphtha or natural gas.

Indian Oil Corp Gets Government Nod To buy US Crude Oil Every Month In 2017

The shipping ministry has allowed the country's largest oil firm to import one parcel or cargo of crude oil from the US every month in foreign ships, said a senior oil ministry official

HPCL Q1 Profit Falls About 56%, Misses Estimates

Net profit for the quarter ended June 30 came in at Rs 9.25 billion, from 20.98 billion rupees a year earlier, the company said

India Refiners Outshine Asia Peers With New Output, Rising Local Demand

India, though, where refiners have already ramped up capacity that has come online, will likely be shielded from the pressure on margins by strong local demand, analysts said

West Coast Refinerys Complex To Cost Rs 2.7 Lakh Cr: Dharmendra Pradhan

State-owned Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp are building the integrated complex with a refining capacity of 60 million tonnes per annum at Babulwadi, Taluka Rajapur, Ratnagiri district

FinMin, Oil Cos Discuss Ways To Control Rupee Volatility

PSU Fuel Retailers To Get Rs 45,000 Cr In Q4 Oil Subsidy

IOC To Cut Petrol Prices By A Rupee From 2 April

Sensex Falls On Profit Booking; SBI Drops, Oil Firms Gain

Sensex Ends At 3-Wk Closing High On Hopes Of Reforms

Market Keeps Dancing To Reform Hopes

Retail FDI Off Cabinet Agenda; Pantaloon Extends Fall