Crude slip cheers oil companies

The sharp fall in global oil prices is providing some muchneeded relief to oil marketing companies. For the first quarter, IOC, BPCL and HPCL had posted losses, as the average price of crude was USD 125 a barrel.

Crude prices slip further to $118.31/bbl

Softening crude may help OMCs cut retail losses

Falling crude brings relief to OMCs

Is oil off the boil?

Oil cos to get 50% revenue loss as bonds in FY08

US markets slip on spike in oil price

Crude oil edges above $116

Crude at $113.08/bbl

This entry was posted on Wednesday, August 6th, 2008 at 1:46 pm and is filed under Indian Stock Market News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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Crude slip cheers oil companies

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