[ad_1] Bharat Petroleum Corporation (BPCL) could face a short-term impact of 1-2 months on its operations as it adjusts its crude oil sourcing mix amid the evolving geopolitical situation. With sanctions on Russian crude oil tightening, the company is rebalancing its purchases by increasing supplies from Saudi Arabia and the United States. However, this shift […]
Jet fuel and LPG prices hiked amid global oil price trends: Check details – CNBC TV18
[ad_1] Jet fuel (ATF) prices were raised by 1.45% on Sunday (December 1), marking the second consecutive monthly hike. The cost of ATF surged by ₹1,318.12 per kilolitre, reaching ₹91,856.84 per kl in the national capital. This increase follows a 3.3% rise (₹2,941.5 per kl) on November 1, after two rounds of price cuts earlier […]
Public sector OMCs likely to seek govt compensation as LPG under-recoveries soar 1,600% – CNBC TV18
[ad_1] Public sector oil marketing companies (OMCs) are likely to seek cash compensation from the government to cover their substantial LPG under-recoveries, according to CNBC-TV18 sources. During the April-September period of this fiscal year, under-recoveries for LPG have surged by over 1,600% for Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum […]