omcs
Higher crude price to hurt state-owned oil firms: Icra
The rising crude prices could pose significant risks for the state-owned oil marketing companies (OMCs) if it continued.
Petrol costliest in Mumbai at Rs 76.91 per litre
With new levy, total surcharge on petrol in Maharahstra has gone up to Rs 11, report says.
Daily change in petrol, diesel prices will benefit consumers
Under dynamic pricing model, OMCs will be able to reduce price risk arising out of fluctuations in crude.
OMCs plan to change petrol, diesel prices daily
Presently, leading Oil Marketing Companies change prices of diesel and petrol every fortnight.
State-owned OMCs to be merged into one entity
Decision would come in backdrop of country struggling to raise local oil production and imports about 80 percent of its oil.
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