Category: Oil & Gas

Shares of Hindustan Petroleum Corporation Ltd. traded at Rs 214.25 on BSE at 12:25PM (IST) on Monday, up 0.16 per cent from previous close. The stock quoted a 52-week low price of Rs 155.0 and a high of Rs 298.15. Earlier, shares of the company saw a gap down opening in the morning.

Shares of Petronet LNG NSE 0.97 % Ltd. traded 1.47 per cent up at Rs 255.15 at around 01:07PM (IST) on Monday. The stock had closed at Rs 258.95 in the previous session. Equity benchmark Sensex traded 165.07 points higher at 44047.32 around the same time. The scrip has declined 3.57 per cent in the […]

The share price of Petronet LNG NSE 0.93 % Ltd. gained 0.91 per cent to Rs 254.55 at 10:52AM (IST) in Tuesday’s trade. The stock has hit a high of Rs 255.3 and low of Rs 251.6 so far during the session. The stock had closed at Rs 252.25 in the previous session. The counter […]

SINGAPORE/NEW DELHI: Indian Oil Corp, the country’s largest state refiner, has bought nearly 20 million barrels of spot crude from West Africa and the Middle East for delivery in early 2021, three trade sources said on Monday. The purchase is the largest by the refiner since the COVID-19 pandemic broke out in the world’s third […]

RIYADH/DUBAI: Yemen’s Iran-aligned Houthi group on Monday said it fired a missile at a distribution station operated by the Saudi Aramco oil company in Saudi Arabia’s Red Sea city of Jeddah and struck it. There was no immediate Saudi confirmation of the claim made by the group’s military spokesman, who warned foreign companies and residents […]

All is not well in the house of OPEC. As the cartel’s oil ministers prepare to meet in just over a week to decide on the next step in their record-breaking output deal, officials in the United Arab Emirates, normally a loyal Saudi ally, are privately questioning the benefits of participating, and may even be […]

SINGAPORE: Oil prices extended their gains on Monday as traders were optimistic about a recovery in crude demand thanks to successful coronavirus vaccine trials, but price gains were contained by renewed lockdowns in several countries. Sentiment was also bolstered by hopes that the Organization of the Petroleum Exporting Countries (OPEC), Russia and other producers, a […]

Shares of Indraprastha Gas NSE 2.67 % Ltd. gained 2.39 per cent to Rs 454.3 in Monday’s trade as of 10:26AM (IST). It hit a high of Rs 456.4 and low of Rs 445.3 during the session. The stock quoted a 52-week high price of Rs 534.4 and a low of Rs 284.55. The return […]

Mumbai: National gas major Gail India, which completed the Kochi-Mangalore gas pipeline last week after long delays, is hopeful of completing the first leg of the Kochi-Bengaluru line in January, a senior company official said. The first leg of the 620-km-long Kochi-Bengaluru gas pipeline begins from Kuttanad in Palakkad and extends up to Valayar, which […]

NEW DELHI: Petrol price on Sunday was hiked by 8 paise per litre and diesel by 19 paise, the third straight day of increase in rates as the firming international oil rates broke a nearly two-month-long hiatus in price revision. Petrol price in Delhi was hiked to Rs 81.46 per litre from Rs 81.38, according […]

Petrol price on Saturday was hiked by 15 paise per litre and diesel by 20 paise, the second straight day of increase in rates after firming international oil rates broke nearly a two-month-long hiatus in price revision. The price of petrol in Delhi was hiked to Rs 81.38 per litre from Rs 81.23, according to […]

Oil prices firmed on Friday, and were on track for a third consecutive weekly rise, buoyed by successful COVID-19 vaccine trials, while renewed lockdowns in several countries to limit the spread of the coronavirus capped gains. Prospects for effective COVID-19 vaccines and hopes OPEC and its allies will keep production in check have bolstered oil […]