Led by better than expected gross refining margins (GRMs) during the quarter, Reliance Industries reported an 8.5 per cent increase in consolidated net profit for the fourth quarter ended March 31, 2015, at Rs 6,381 crore as compared with Rs 5,881 crore in ... Deccan Herald, 1 month ago
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RIL earned $10.1 on turning every barrel of crude oil into fuel as compared to a gross refining margin of $9.3 per barrel in the fourth quarter of previous 2013-14 fiscal. The post Reliance Industries Q4 profit up 8.5% at Rs 6,381 cr appeared first on ...First Post.com, 1 month ago Reliance Industries gains ahead of Q4 earnings Business Standard, 1 month ago RIL preview: Record Q4 result in offing Rediff.com, 1 month ago
esults are definitely better than what we were expecting in the sense that GRMs (gross refining margins) came in better than what we were expecting." In an interview with ET Now, Prayesh Jain, Research Analyst, IIFL India (Oil & Gas, Auto), shares his views ...Economic Times, 1 month ago
Mumbai, April 16 (IANS) Ahead of the company's fourth quarter results due Friday, analysts have projected a strong a showing by Reliance Industries, thanks to a step up in the gross refining margins, while also expecting some guidance on new oil discoveries ...News Chennai Online, 1 month ago
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Source: U.S. Energy Information Administration, from Bloomberg, Thomson Reuters Principal contributor: Rebecca George The lowest crude oil prices in several years, robust US gasoline consumption and exports, and higher than expected demand for ...Hydrocarbon Processing, 3 days ago The road to higher refining margins Energy Global, 2 days ago Low Oil Prices, Greater Gasoline Demand Lead to High Refiner Margins Pipeline & Gas Journal, 2 days ago EIA: Low crude oil prices, increased gasoline demand lead to high refiner margins Penn Energy, 3 days ago
3:33 PM ET | About: Western Refining, Inc. (WNR) by: Summary Western Refining enjoys some of the highest margins in the industry. Low leverage, cash generating machine trading at a discount to peers. Management committed to shareholder ...Seeking Alpha, 3 days ago Western Refining Q1 Earnings Beat on Lower Costs - Analyst Blog Zacks.com, 2 weeks ago
Thai Oil , Thailand's largest oil refiner, said its first-quarter net profit soared 82 per cent on higher margins at its refinery business. Net profit was 4.5 billion baht ( $134 million ) for the Janaury-March quarter, in line with the 4.58 ...4 Traders, 5 days ago Thai Oil Q1 net profit up 82 pct on higher margins Reuters Africa, 1 week ago
Inc. (ALJ), Includes: DK by: Tristan R. Brown Subscribers to SA PRO had an early look at this article. Learn more about PRO » Summary Refiner Alon USA reported a slightly miss on adjusted EPS in Q1 despite beating on revenue as higher volumes ...Seeking Alpha, 1 week ago
Low oil prices and high refinery margins boost product tankers during first quarter of 2015, as ship owners rejoyce
During the first quarter of 2015, the product tanker market benefitted from a combination of lower oil prices and higher refinery margins, which led to both a higher end-consumer demand and a supplier-driven increase of transportation of refined ...Hellenic Shipping News Worldwide, 1 day ago High demand for product tankers led to first quarter profits for ship owners Torm, for the first time in years Hellenic Shipping News Worldwide, 1 week ago
One of the surprising outcomes from the almost halving of oil prices in the last 11 months was the increase in refinery profit margins over the same period. But when going into the details, one will find this is not such a surprise after all. ...Bunker Ports News Worldwide, 6 days ago
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