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GAIL (India) Ltd up for third consecutive session
GAIL (India) Ltd is quoting at Rs 168.98, up 5.11% on the day as on 12:49 IST on the NSE. The stock is down 12.51% in last one year as compared to a 4.24% slide in NIFTY and a 12.95% slide in the Nifty Energy index.
Hindustan Petroleum Corporation Ltd spurts 3.59%, up for five straight sessions
Hindustan Petroleum Corporation Ltd is quoting at Rs 403.65, up 3.59% on the day as on 12:44 IST on the NSE. The stock is down 2.64% in last one year as compared to a 4.17% fall in NIFTY and a 13.03% fall in the Nifty Energy.
PSU OMC shares rally as crude oil prices tumble on hopes of US-Iran deal
Shares of state-run oil marketing companies (OMCs) advanced after crude oil prices declined sharply amid hopes of a potential US-Iran agreement that could ease supply concerns in global energy markets.
Diesel, petrol price hike: Fuel rates increased for fourth time since Iran war began
Petrol, diesel price hike: Fuel prices have seen another hike. Petrol and diesel rates have gone up, marking the fourth increase in under two weeks. This rise reflects global crude oil price surges and ongoing geopolitical tensions. Oil companies have been facing significant daily losses. India has largely shielded consumers from the full impact of rising energy costs until now.
Crude oil prices fall over 5% on US-Iran negotiations; Brent below $100
Kevin Hasset, White House's Chief Economic Adviser told Fox News that he expects energy prices to drop once there is a deal, which could help the US Federal Reserve cut interest rates.
Coal India plans syngas projects near gas-based power, DRI and fertiliser units as gas supply tightens
In a strategic move to bolster energy security, Coal India is gearing up to establish new coal-to-syngas facilities strategically positioned at mine pitheads or close to industrial users. This initiative comes in light of recent global gas supply challenges, prompting the company to actively seek partnerships with developers and industrial off-takers for these innovative projects.
Retail fuel price hike 'inevitable' if global oil pressures persist: BPCL's Director HR
Bharat Petroleum Corporation Ltd. Director HR Bharat Petroleum Corporation Ltd. Raj Kumar Dubey said another fuel price hike may become unavoidable if global energy disruptions persist, as policymakers weigh three options — raising retail fuel prices, oil companies absorbing losses, or government support through deficit financing.
CNG prices hiked for third time in 10 days, gets costlier by Rs 1 per kg
CNG prices in Delhi have seen another Re 1 hike, the third in ten days, following similar increases in petrol and diesel. This surge is attributed to global energy market pressures stemming from Middle East tensions and the Strait of Hormuz blockade, which have driven up international crude oil prices significantly.
Prabha Energy reports consolidated net profit of Rs 0.10 crore in the March 2026 quarter
Sales rise 41.18% to Rs 1.44 crore
Crude oil prices remain volatile: Why Julius Baer believes oil crisis may not last long despite Middle East tensions
Crude oil prices fluctuated sharply due to Middle East tensions, with prices briefly surging above $110 per barrel before cooling. Despite a recent rebound, uncertainty remains as diplomatic negotiations between the US and Iran continue, impacting global energy markets.
S&P flags pressure on Indian Oil as high crude prices squeeze margins
S&P Global Ratings warns Indian Oil Corporation faces mounting pressure to balance affordable fuel with profitability. Prolonged Middle East tensions are escalating crude oil prices, squeezing margins and potentially impacting IOC's earnings and liquidity over the next year. The agency highlights the challenge of absorbing losses from high crude costs while meeting India's energy needs.
GAIL Q4 results: PAT falls 15% QoQ to Rs 1,485 crore; co declares Rs 0.5 dividend
GAIL reported a Q4 consolidated PAT of Rs 1,485 crore, down 15% sequentially. The company declared a Rs 0.5 dividend. For FY26, consolidated PAT fell sharply by 39% to Rs 7,582 crore, mainly due to global energy headwinds, despite resilient operational volumes.