Oil profits surge: State refiners’ Q2 earnings jump 457% despite lower Russian imports; global margins lift gains
Profits at India’s state-run oil refiners soared in the July–September quarter even as their dependence on discounted Russian…
Retail fuel margins propel oil PSUs’ Q1 net up 2.5-fold
Indian Oil Corporation, Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL) posted a combined profit of ₹16,184…
Nayara Energy looks inward as overseas options shrink
Squeezed by sanctions, Nayara Energy is said to have reached out to Indian state-run refiners and marketers, offering…
Reliance Industries shares slip 2% as brent crude tops $75/bbl on Israel-Iran conflict
Shares of Reliance Industries Ltd (RIL) declined as much as 1.8% to Rs 1,414 on Friday, dragged lower…