Oil price at today

HPCL Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × State run- Hindustan Petroleum Corporation Ltd (HPCL) reported robust topline growth on the back of high crude oil prices, but the company was unable to pass on the higher cost to the customers, leading to a decline in its net profit in the fourth quarter of 2021-22. Despite the volatility in the crude oil prices, HPCL plans to spend about Rs 15,000 crore in capital expenditure in 2022-23, as against Rs 16,500 crore spent in the year 2021-22. HPCL reported a 34 percent decline in consolidated net profit in January-March to Rs 2,019 crore . The company’s revenue for the quarter was at Rs 106,533.84 crore, up 24% from a year ago. The company’s downstream petroleum business reported revenue of Rs 105,236 crore in Q4FY22, up almost 24% on year. But the business saw its … [Read more...] about HPCL’s Q4 net takes hit due to retail fuel price freeze; firm plans Rs 15,000 crore capex in FY23

For the year 2021-22, IOCL sold 86.407 million tonnes of products, including exports. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Indian Oil Corporation Ltd (IOCL) Ltd reported a 31.4 percent decline in the fourth quarter of 2021-22 (Q4FY22) to Rs 6,022 crore even as the company reported the highest ever net profit in the year ended March. The state-run oil marketing company reported revenue of Rs 2,06,461 crore during the quarter under review, as compared to Rs 1,63,733 crore logged in the corresponding quarter of the previous financial year. For the year 2021-22, the company reported a record high revenue of Rs 728,460 crore as against Rs 5,14,890 crore in the previous financial year, riding high on the surge in crude oil prices. The fourth quarter's bottomline was dented by a margin squeeze in petrochemicals and a loss … [Read more...] about IOC Q4FY22 net profit declines due to petrochemical margin squeeze, loss in auto fuel sale

The newest State of the Global Climate report is bleak: Last year, the world set new records for greenhouse gas concentrations, sea level rise, ocean heat, and ocean acidification. The last seven years have been the warmest seven years on record in human history. The report, released today by the World Meteorological Organization, “is a dismal litany of humanity’s failure to tackle climate disruption,” UN Secretary-General António Guterres said in a video message at the launch event. advertisement advertisement But Guterres also laid out a clear path to action, starting with the fact that the fossil fuel era needs to end. “The global energy system is broken and bringing us ever closer to climate catastrophe,” he said. “Fossil fuels are a dead end—environmentally and economically. The war in Ukraine and its immediate effects on energy prices is yet another wake-up call. The only sustainable future is a renewable one.” To have a chance of limiting … [Read more...] about ‘Fossil fuels are a dead end’: UN Secretary-General outlines how to avoid climate disaster

This story is part of CNN Business' Nightcap newsletter. To get it in your inbox, sign up for free, here. New York (CNN Business) People are selling stocks , selling bonds, selling crypto, selling their failed hedge funds ... and putting cash in Under the Mattress Savings and Loan Corp. It's getting hairy out there. Typically, when the market has a day like it did Wednesday, you'd expect to see an immediate bounce-back, a sign that stocks got a little too expensive but they still have underlying value that the market has faith in — albeit at a lower price. Not today. After kicking the crap out of the Dow on Wednesday — sending it 1,100 points lower, Wall Street woke up Thursday and chose violence once again. Futures pointed to another day of losses ahead, trading between 1% lower in early morning trading. Stocks have sold off in essentially a straight, downward trajectory since January, for all the reasons you'd expect: inflation hovering at … [Read more...] about Want to make money in stocks this year? You’ll probably have to sell your soul