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BPCL, IOC to HPCL: OMC stocks surge up to 6% as Brent crude oil slips below $98, 4th hike in petrol & diesel prices
Hindustan Petroleum Corporation Limited (HPCL) led the gainers with a 5.8% rise in its shares to ₹412.55 apiece. It was followed by Bharat Petroleum Corporation Limited (BPCL), whose stock added 4.44% to ₹308.70. Meanwhile, Indian Oil Corporation (IOC) jumped 3.90% to ₹144.95 on the BSE today.
OMCs rally post fuel price hike; Nifty Oil & Gas up 1.6%, HPCL, BPCL lead
Oil prices slipped to a two-week low on Monday amid optimism over a potential US-Iran agreement
BPCL, HPCL and IOC shares soar up to 6%. Here are two big triggers
Indian oil stocks surged as crude oil prices dropped to a two-week low, driven by progress in US-Iran peace talks. This optimism, coupled with a recent fuel price hike, boosted shares of HPCL, IOC, and BPCL. Analysts, however, caution that full market normalization could take months.
Fuel Price Hike: BPCL, HPCL And IOC Now Able To Cut Back On Almost Half The Losses
According to various analysts, every 50 paise per litre increase in fuel marketing margins is estimated to lift EBITDA by 7% for IOCL, 8% for BPCL and 11% for HPCL.
India can’t escape global oil shock; fuel prices hurting economy, says former BPCL exec
India's economy is significantly impacted by the global oil shock, with crude prices surging by nearly 60%. Former BPCL Marketing Director Sukhmal Kumar Jain highlighted rising import costs and rupee depreciation as major concerns. He emphasized that the nation's heavy reliance on imports for oil and other key commodities exacerbates these economic pressures.
IOC to BPCL: OMC stocks to remain in focus on Monday. Which OMC stock to buy for long-term?
OMC stocks will remain in focus on Monday, 25 May, after petrol and diesel prices hiked for the third time in eight days. Experts recommend these OMC stocks to buy amid rate hike uncertainty.
Retail fuel price hike 'inevitable' if global oil pressures persist: BPCL's Director HR
Bharat Petroleum Corporation Ltd. Director HR Bharat Petroleum Corporation Ltd. Raj Kumar Dubey said another fuel price hike may become unavoidable if global energy disruptions persist, as policymakers weigh three options — raising retail fuel prices, oil companies absorbing losses, or government support through deficit financing.
Three Fuel Price Hikes In Nine Days: Is It Enough To Cover Losses For BPCL, HPCL And IOC?
According to various analysts, every 50 paise per litre increase in fuel marketing margins is estimated to lift EBITDA by 7% for IOCL, 8% for BPCL and 11% for HPCL.
BPCL rises 5% in 2 days after Q4, but analysts stay cautious; sell or hold?
BPCL shares gained after Q4FY26 results, but brokerages remain cautious due to crude prices, LPG under-recoveries and weaker FY27 earnings outlook
West Asia conflict fails to slow oil PSUs' capex push
Indian oil companies are pushing ahead with major expansion and clean energy projects. Indian Oil Corporation plans significant investments in refining and renewable energy. Bharat Petroleum Corporation Limited is also allocating substantial funds for refining and marketing. Hindustan Petroleum Corporation Limited's capital expenditure is expected to be slightly lower. These companies are focused on growth and energy transition.
BPCL taps US LPG spot market for first time amid Gulf supply disruption
BPCL has imported LPG cargoes from the US for the first time as India diversifies energy supplies amid West Asia conflict and Strait of Hormuz disruptions. The move aims to reduce dependence on the region, which earlier supplied nearly 90% of India’s LPG imports.
Market at Close | Hindalco, Reliance, BPCL lead market recovery; Sensex ends 118 points higher
The Sensex rose 118 points to close at 75,318, while the Nifty gained 41 points to settle at 23,659, holding above the 23,650 mark at close. Nifty Bank advanced 153 points to 53,562, and the Midcap Index climbed 301 points to 61,323.