Inventory Losses News

Industry

Oil firms face inventory losses as crude prices decline

As retail prices are linked to prevailing global crude prices, oil firms book inventory losses

2 min read24 Jun 2017
Companies

Essar Oil profit falls 45% on inventory loss

Stand-alone net profit stood at Rs546 crore in the March quarter against Rs1,008 crore a year ago. Net revenue fell 38.2% to Rs15,609 crore

2 min read26 May 2015
Market

Oil companies on slippery ground in December quarter

The sharp drop in crude oil prices and the consequent decline in product prices signal inventory losses for most companies

2 min read12 Jan 2015

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