Friday, 20 September, 2019

International Olympic Committee begins doorstep delivery of diesel

Petrol Diesel Prices Come Down For Fourth Day 10 Things To Know International Olympic Committee begins doorstep delivery of diesel
Russell Knight | 21 March, 2018, 05:51

Pradhan said, as per information provided by the public sector oil marketing companies (OMCs), the market share of private companies in diesel retailing rose to 8.2 per cent in financial year 2017-18. International Olympic Committee is now going to deliver diesel at the doorstep of Pune residents.

Speaking about this new development, Oil Minister Dharmendra Pradhan said, "Options are being explored where petrol products may be door delivered to consumers on pre-booking".

The state-owned oil companies like Indian Oil Corp Limited (IOCL), Hindustan Petroleum Corp Limited (HPCL) and Bharat Petroleum Corp Limited (BPCL) on Tuesday, chose to increase diesel prices by 7 paisa per litre each in various state capitals of India.

Diesel prices in other state capitals: Other key cities also saw reduction in their diesel prices.

Stockman Wealth Management Inc. Acquires 13156 Shares of Kinder Morgan (KMI)
It improved, as 40 investors sold MSFT shares while 952 reduced holdings. 47 funds opened positions while 179 raised stakes. Pub Employees Retirement Association Of Colorado reported 0.05% of its portfolio in Kinder Morgan, Inc . (NYSE: KMI ).

CVS Health Appoints Derica W. Rice as President of CVS Caremark
Friedman decreased its stake in Community Finl Corp Md (TCFC) by 13.68% based on its latest 2017Q3 regulatory filing with the SEC. It has underperformed by 41.10% the S&P500.The move comes after 9 months negative chart setup for the $62.91 billion company.

Discovery (DISCA) Upgraded at Barclays
Finally, Seizert Capital Partners LLC grew its holdings in shares of Discovery Communications by 15.9% during the 3rd quarter. Following the transaction, the insider now owns 85,298 shares of the company's stock, valued at approximately $1,833,907.

In the initial years, private firms were aggressive in setting up petrol pumps. However, they slowed down once government control over pricing came back in vogue in 2004-05, and they couldn't compete with subsidised fuel sold by PSUs.

The dispenser looks like a regular fuel dispenser at petrol pumps and will dispense the fuel in a regular way through the fuel stored in the tanker, which in this case is only diesel.

Reliance Industries (RIL), for instance, in its analyst presentation for the quarter ended December 2017, had said its share of bulk high-speed diesel (HSD) market had increased to 6.7 per cent from 5.1 per cent a year earlier.

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