Bharat Petroleum Corporation Ltd (BPCL.BO)
22 Jun 2018
** Shares of top Indian oil marketing companies lead gains on the NSE index, post biggest intraday percentage gain since May 28
* SBI wants to protect U.S. operations - source (Adds comments from SBI source, BPCL)
SINGAPORE, June 7 Asia's gasoline crack fell to a one-month low of $6.39 a barrel, pulled down by abundant supplies. - Crack value has been trapped in a losing streak since May 23, despite it being a peak season as the Muslim fasting month usually drives up demand. - Although gasoline inventories in Singapore were down, they remained at high levels compared with a year ago. - For instance, Singapore onshore light distillates stocks which comprise mostly gasoline an
** Indian Oil Corp Ltd, Bharat Petroleum Corp and Hindustan Petroleum Corp fall as much as 2.1 pct to 3.3 pct
** Shares of Indian oil marketing companies decline in early trade
Oil refiner Bharat Petroleum Corp Ltd reported a 45 percent jump in fourth-quarter net profit on Tuesday, easily beating analysts' estimates.
May 29 Oil refiner Bharat Petroleum Corp Ltd reported a 45 percent jump in fourth-quarter net profit on Tuesday, easily beating analysts' estimates.
** Shares of airlines and oil marketing companies (OMCs) rise as crude oil prices extend fall
** Indian state-owned explorers Oil and Natural Gas Corp Ltd and Oil India Ltd face increasing risk that govt will require them to share in fuel-subsidy burden, as oil prices rise - Moody's Investors Service
** Shares of Bharat Petroleum Corp Ltd, Indian Oil Corp Ltd and Hindustan Petroleum Corp Ltd fall as much as 3.5 pct-5.5 pct