Previous Close | 347.05 |
Open | 342.45 |
Bid | 340.50 x 0 |
Ask | 340.55 x 0 |
Day's Range | 337.00 - 343.25 |
52 Week Range | 293.35 - 503.00 |
Volume | |
Avg. Volume | 4,267,907 |
Market Cap | 733.749B |
Beta (5Y Monthly) | 1.07 |
PE Ratio (TTM) | 3.88 |
EPS (TTM) | 87.09 |
Earnings Date | Feb 07, 2022 - Feb 11, 2022 |
Forward Dividend & Yield | 54.00 (16.35%) |
Ex-Dividend Date | Feb 10, 2022 |
1y Target Est | 430.59 |
Crude oil prices could fall to $90 per barrel if the economies of the world's two biggest consumers continue struggling with growth, Bharat Petroleum's chairman told the Economic Times
Indian state fuel retailers have agreed to provide monetary relief to sugar mills and other producers of ethanol to compensate for high energy costs to boost biofuel production, according to a letter written by the companies to manufacturers. India, the world's third biggest oil importer and consumer, has expedited efforts to double ethanol blending with gasoline to 20% from the current 10% across the country from 2025/26. The Indian government fixes the ethanol purchase prices for fuel retailers - Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp -- every marketing year.
India is considering selling up to a quarter of state-run refiner Bharat Petroleum Corp Ltd after failing to attract suitors for the whole firm, two officials said, as the government's divestment programme moves slower than expected. New Delhi is considering inviting bids for a 20%-25% stake in BPCL, instead of an outright sale of its entire 52.98% holding, the two government officials, who declined to be named, told Reuters. Initially, the government had aimed to raise $8-$10 billion from selling its full stake in BPCL.