Mumbai: Shares of ONGC, Oil India and GAIL are poised for more upsides as rising crude and gas prices are expected to boost their profitability. Brent crude prices have rallied 35% in the past one month to $122 per barrel […]
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Ukraine crisis: ONGC weighs oil-for-dividend exchange for Russia assets
As Russia faces a barrage of sanctions from the US and its Western allies for invading Ukraine, the biggest casualty has been crude oil. State-run oil and gas producer ONGC may weigh […]
UP braces for CNG shortage, price rise in wake of Russia-Ukraine conflict
Gas Authority of India Ltd has already cut down 20% of CNG supply to 34 CNG pumps in Lucknow, 30 pumps in Agra, four in Ayodhya and three in Unnao […]
At ₹120 per kg, CNG costs more than petrol and diesel in Nagpur
At a time minister Nitin Gadkari is advocating use of eco-friendly vehicles, the price of compressed natural gas (CNG) in his hometown is far more than both petrol and diesel […]
Crude rally may tie RBI’s hands on rate hikes
The Centre may not cut excise duties and rather prefer consumers and oil firms share the burden of higher prices MUMBAI : The unbridled surge in commodity prices has left the […]