IOC net leaps to Rs 8,063cr as oil slides but fuel prices stay amid price freeze
Wednesday, 24 January 2024 Indian Oil Corporation's net profit surged to Rs 8,063 crore in Q3 2023, driven by lower crude prices and unchanged fuel prices. The profit, however, decreased by 37% sequentially. The company's gross refining margin was $13.2 per barrel in April-December 2023, and it reported higher profit due to increased marketing margin and lower exchange losses.
UN Says Global Food Prices , for Many Staples , Fell in 2023.
On January 5, the U.N. Food and
Agriculture Organization reported that
global prices for some commodities fell
last year from record..
Credit: Wibbitz Top Stories Duration: 01:31Published
ATF stands for Aviation Turbine Fuel, and it is indeed the type of fuel used for aircraft. The most common variants are Jet A and Jet A-1. The price of ATF varies based on factors such as crude oil..