Oil Marketers Fall As Singapore GRMs Hit Eight-Month Low

Shares of Indian oil marketing companies like Indian Oil Corporation Ltd., Hindustan Petroleum Corporation Ltd., and Bharat Petroleum Corporation Ltd. declined on Monday after the benchmark Singapore Gross Refining Margins hit their lowest level since October 2023.Closing GRM levels on Friday stood at $2.5 per barrel of oil, a 19% drop from the $3.1 per barrel level a month ago. The Singapore GRMs represent what refiners make from processing each barrel of crude into diesel, gasoline, and…
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Source: https://www.ndtvprofit.com/amp/business/indian-oil-to-hpcl-oil-marketers-fall-as-singapore-grms-hit-eight-month-low

Bharat Petroleum Corporation Share Price Today Live Updates: Bharat Petroleum Corporation Sees 3.49% Price Drop Today, 3-Year Returns at 45.49%

11:17:04 AM IST, 13 May 2024Bharat Petroleum Corporation Share Price Today Live Updates: Bharat Petroleum Corporation Sees 3.02% Decline, SMA7 at Rs 603.06Bharat Petroleum Corporation is currently trading at Rs 600.0, marking a decrease of 3.02% today. The 7-day Simple Moving Average stands at Rs 603.06, indicating a slight downtrend in the stock price.10:53:07 AM IST, 13 May 2024Bharat Petroleum Corporation Share Price Today Live Updates: Bharat Petroleum Corporation Sees 4.09% Decline,…
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Source: https://economictimes.indiatimes.com/markets/stocks/stock-liveblog/bharat-petroleum-corporation-share-price-today-live-updates-13-may-2024/amp_liveblog/110067370.cms

Indian Oil sets Rs 31,000-cr capex for FY25 to expand business, achieve net-zero status

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State-run Indian Oil Corporation Limited (IOCL) plans a capital expenditure of Rs 31,000 crore, including equity investment in joint ventures and subsidiaries, for the financial year 2024-25, the company told Moneycontrol.
The oil marketing giant spent Rs 38,660 crore in FY24, widely surpassing its planned capex of…
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Source: https://www.moneycontrol.com/news/business/indian-oil-sets-rs-31000-cr-capex-for-fy25-to-expand-business-achieve-net-zero-status-12720486.html/amp

Petrol and diesel prices remain stable for 58 days in Chennai

CHENNAI: In Chennai, the price of petrol and diesel remain unchanged for the past 58 days. Accordingly, one litre of petrol Accordingly, one litre of petrol cost Rs 100.75 and diesel costs for Rs 92.34 in the city.Additionally, the oil companies use the current crude oil price on the global market and the value of Indian rupee compared to the US dollar as a primary variables to determine the pricing of petrol and diesel on day to day basis.
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Source: https://www.dtnext.in/amp/news/city/petrol-and-diesel-prices-remain-stable-for-58-days-in-chennai-784499

Gail R. Sisson – Finger Lakes Daily News

Gail R. Sisson, age 84, of Penn Yan, peacefully departed on May 1, 2024. Born in Penn Yan on June 27, 1939, she was the beloved daughter of Syril and Frances (Bardeen) Habberfield. Despite the challenges posed by cerebral palsy, Gail devoted herself to caring for others as a Health Aid at Lakeview Health Services in Penn Yan.
Gail was preceded in death by her husbands, John (Jack) Olsen in 1979 and Gary Sisson in 2002; her parents, Syril and Frances; and her two sisters, Sally Jensen…
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Source: https://www.fingerlakesdailynews.com/obituaries/gail-r-sisson

Assam CM Himanta slams Mani Shankar Aiyar’s remark

ANI |
Updated: May 12, 2024 23:38 IST

New Delhi [India], May 12 (ANI): Hitting back at Congress leader Mani Shankar Aiyar for his remarks regarding Pakistan possessing nuclear weapons, Assam Chief Minister Himanta Biswa Sarma took a dig at Pakistan’s economic situation and said that India’s neighbour doesn’t even have money to pay salaries and nobody is sure if their atom bomb…
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Source: https://www.aninews.in/news/national/general-news/pakistan-doesnt-have-money-to-buy-petrol-assam-cm-himanta-slams-mani-shankar-aiyars-remark20240512233833/