Oil Marketing companies likely to cut petrol-diesel prices: Sources

Jun 08, 2023

Oil marketing companies (OMC) are likely to reduce prices of petrol and diesel, according to government sources.

Pakistan registers sharp decline in oil sales and consumption

Aug 02, 2022

Islamabad [Pakistan], August 2 : In line with Shehbaz Sharif-led Pakistan government's efforts to reduce oil import bills, Pakistan has registered a sharp decline...

Have not asked India to reduce buying Russian oil, says US treasury official

Apr 04, 2024

"There is no restriction or asked India to reduce Russian oil buying," Morris said while responding to a question asked at an session aimed...

Centre reduces duty on crude palm oil by 5 pc to reduce edible oil prices

Jun 30, 2021

New Delhi [India], June 30 : The Central government on Wednesday reduced the duty on Crude Palm Oil (CPO) by 5 per cent in...

Refinery expansion to reduce OIL's rating headroom: Fitch

Jun 30, 2021

Singapore, June 30 : Fitch Ratings expects the rating headroom for Oil India Ltd (OIL) to reduce in the medium term as leverage will...

Petroleum Minister asks oil companies to reduce petrol-diesel prices

Jan 22, 2023

"Oil marketing companies should cut down prices once international prices are stabilised and they have managed to recover under-recovery," Puri said.