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Indian Oil
Today2 stories · 2 articles
Net tone● ±0% today
Market check₹135.70 −0.42%
Developing4 storylines
123 Sept
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228 Sept
Broker call● mixedBPCL, HPCL, IOC, ONGC, Adani Power: Morgan Stanley positive on oil stocks, flags 3 surprisesMorgan StanleyOil and gas companiesCrude oil
Broker call● mixedPetronet LNG shares: Nomura retains 'Buy', target price Rs 345; Kochi pipeline seen driving utilisationPetronet LNGNatural gasOil and gas companies
Data▼ bearishIndia’s ethanol industry faces nearly 7-billion-litre capacity glutNearly 7 billion litres of capacity has no clear marketSugar and ethanolAgriculture
● mixedRussian crude cushioned India from oil shock, says Andrey RudenkoRussian oil supplies helped cushion India from an oil shockRussian oilRussiaCrude oil
▼ bearishFrance to send troops to secure Saudi oil plant as Houthi attacks mountFrance will send troops to secure a Saudi oil plant as Houthi attacks mountSaudi ArabiaHouthisCrude oil
Market move▼ bearishReplacing 1 million bpd of Russian oil could cost India up to $3.7 billion annuallyReplacing 1 million bpd of Russian oil could add up to $3.7 billion to India’s annual billRussian oilCrude oilUS tariffs
Order win● mixedIndian state companies seek 2.75 million tonnes of US LPG for 2027State-owned companies plan to import 2.75 million metric tons of LPGOil and gas companiesPSUsFuel prices
Policy● mixedNagpur turns waste into 28 tonnes of CNG daily: Gadkari says 4,000 such projects underway across IndiaNagpur produces 28 tonnes of CNG daily from wasteNitin GadkariNTPC Green EnergyFuel prices
Broker call▲ bullishJefferies strategist identifies energy as India’s leading structural growth storyJefferies’ Chris Wood named Hitachi Energy India as a picks-and-shovels playHitachi Energy IndiaJSW EnergyNuclear power
▼ bearishIndia loses 6.2 million LPG customers in months as Iran war hits Gulf suppliesIndia lost 6.2 million LPG customers in months as Gulf supplies were hit by the Iran warIranMiddle EastFuel prices
Market move● mixedINR recovers slightly as oil pulls back on hopes of a phased deal to reopen the Strait of HormuzRupeeCrude oilStrait of Hormuz
Market move▲ bullishOil prices ease as traders weigh Iran truce hopes against attacks on energy facilitiesBrent fell 0.82% to $105.73 a barrelCrude oilIranSaudi Arabia
Market move▲ bullishIndian petrol and diesel prices hold steady as crude prices fallPetrol and diesel prices were unchanged across major Indian cities on September 25Fuel pricesDieselCrude oil
Broker call● mixedDaily Voice: Why an AI pullback could lift Indian stocks more than Iran peace, according to Avendus WealthAIIranGlobal markets
Deal● mixedVietnam refinery signs crude oil deal with ExxonMobil Asia PacificCrude oilRefining marginsFuel prices
Market move▼ bearishD-St set for a cautious opening as GIFT Nifty signals muted startNifty declined 1.6% amid rising global uncertainties and elevated crude pricesNifty and SensexCrude oilGeopolitics
Expansion● mixedIndia plans LNG storage boost, a pipeline tariff surcharge to supportPlanned LNG storage capacity expansion requires ₹15,000 crore investmentNatural gas
Market move▼ bearishOil Futures Post Back-to-Back Gains on Escalation ConcernsOil futures rose for a second straight sessionCrude oilHouthisSaudi Arabia
▼ bearishSenate narrowly votes down resolution calling for end to Iran warThe Senate narrowly rejected a resolution calling for an end to the Iran warIranGeopoliticsDonald Trump
Policy● mixedIndia plans to continue diesel exports as US weighs a 90-day banOil Minister Hardeep Puri reaffirmed India's commitment to diesel exportsDieselFuel pricesRussia
▲ bullishUS and Iran explore a phased deal to reopen the Strait of Hormuz and end the blockadeIran offered to reopen the Strait of Hormuz within 7 days if the US lifts its blockade and waives sanctionsStrait of HormuzIranCrude oil
▼ bearishPuri warns West Asia crisis could escalate; says India does not need refinery investmentOil Minister Hardeep Puri said the West Asia crisis is not over and could escalate furtherMiddle EastCrude oilRefining margins
Expansion▲ bullishUAE and Saudi Arabia show interest in investing in India’s refining sectorIndia aims to raise refining capacity to **6.2-6.4 million barrels per day** from about 5.4 millionSaudi ArabiaRefining marginsFuel prices
Data▼ bearishJio-BP and Nayara cap diesel sales at select pumps as crude prices surgeCrude crossed $117/barrel, while OMC margins were squeezed by ₹9/litreDieselCrude oilFuel prices
Policy● mixedIndia cuts import duties on edible oils to ease prices ahead of festivalsCustoms duties were cut on crude and refined palm, soybean and sunflower oilsImport dutiesFood pricesFarm commodities