Crude Oil

Oil major Cairn India on Tuesday reported a 24 percent drop in its net profit for the first quarter ended June caused by the drop in international crude oil prices. The company's net profit during April-June at Rs.835 crore was lower than…

Oil marketer Indian Oil Corp on Wednesday cut petrol and diesel prices each by Rs 2.per litre effective midnight, following a fall in international crude oil prices consequent to the Iran nuclear deal. "Since last price change, there has…

Citing a fall in international diesel rates, state-run Indian Oil (IoC) on Monday cut the fuel price by Rs.1.35 per litre, while increasing that of petrol by 64 paise a litre effective midnight. Both rates include state levies in Delhi, the…

Indian Oil Corp (IOC), the nation's largest oil company, on Sunday increased Aviation Turbine Fuel (ATF) -- or jet fuel -- prices by a steep 8.2 percent and of non-subsidised cooking gas (LPG) by Rs.5 per cylinder consequent to recent…

As a consequence of recent volatility of international crude oil prices, state-run Indian Oil Corp Sunday hiked rates of transport fuels effective from midnight. Accordingly, the price of petrol will increase by 82 paise per litre, while…