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Crude oil prices surged to nearly $120 per barrel due to escalating conflict in Iran, affecting Middle East production. The ...

OMC stocks such as HPCL, IOC and BPCL crashed up to 9% on Monday amid a sharp spike in crude oil prices.

Nagpur: Amid a wave of rumours circulating on social media about an alleged shortage of petrol and diesel in the country, ...

The brent crude prices surged as much as 29% intraday, raising fears that under recoveries increase sharply in the absence of ...

UBS' Global Oil team has also raised their near-term oil price forecasts, Q1-26E to $71/bbl (around $80/bbl for March), and ...

Shares of Bharat Petroleum Corporation, Indian Oil Corporation and Hindustan Petroleum Corporation plunge as crude oil jumps ...

UBS sees Indian Oil, BPCL and HPCL as “negatively leveraged” to surge in brent crude oil prices as their petrol/diesel sales outstrip production.

OMC stocks tend to be negatively impacted by a sharp rise in crude oil prices, as higher raw material costs put pressure on ...

UBS has downgraded India’s key oil marketing companies as crude prices surge, warning that frozen fuel prices could squeeze margins and earnings.

Shares of BPCL plummeted 7.49 per cent to hit a low of Rs 326.25. HPCL tanked 8.67 per cent to Rs 370.10. IOC declined 7.29 ...

Indian refiners slumped on Monday as a widening U.S.-Israeli war with Iran pushed Brent crude to a nearly four-year high, threatening their near-term earnings and raising the risk of further ...