High crude, weak rupee likely to push OMCs into Q1FY27 losses despite record refining margins: Report

Jul 09, 2026

India's oil marketing companies (OMCs) are likely to report losses in the first quarter of FY2026-27 as elevated crude oil prices, a weaker rupee...

Oil companies losses on LPG expected to decrease by around 45% in FY26 if crude prices remain at USD 65 per barrel: Report

May 17, 2025

LPG losses incurred by oil marketing companies (OMCs) are expected to decrease by around 45 per cent in FY26 if crude oil prices remain...

Weak marketing margins drag down BPCL and HPCL Q1 earnings

Jul 24, 2026

Indian public sector oil marketing companies (OMCs) faced severe pressure during the first quarter of FY27 due to rising global crude oil prices, sharp...

Oil companies' losses on LPG will reduce to Rs 160/cyl with Rs 50 hike in prices from this month: Report

Apr 09, 2025

Oil marketing companies (OMCs) are likely to see a big drop in losses on selling domestic LPG cylinders over the next few months due...

Cabinet okays Rs22k-cr one-time grant to 3 state-run oil marketing firms for losses in LPG

Oct 12, 2022

New Delhi [India], October 12 : The Cabinet on Wednesday approved the proposal of the ministry of petroleum & natural gas to give one-time...

Oil companies making loss of Rs 24/litre on petrol, Rs 104 on diesel as crude above USD 100; Govt holds pump prices steady

Apr 02, 2026

Oil marketing companies (OMCs) in India are currently incurring significant losses on fuel sales as global crude oil prices surge amid the ongoing West...