Petrol and diesel prices across several Indian cities largely remained unchanged on Monday, 16 March, continuing the recent trend of stability in retail fuel rates. The steady pricing comes even as global oil markets have witnessed volatility in recent weeks, driven by geopolitical tensions linked to the ongoing conflict in the Middle East and concerns…
Petrol, diesel prices on 14 March 2026: Petrol and diesel prices across several Indian cities witnessed slight price movement but rates largely remained unchanged on Saturday. This stability in fuel prices continues even as global oil markets continue to experience sharp volatility amid geopolitical tensions due to Middle East conflict. To align fuel prices with…
Monday’s bruising session has left investors nursing their wounds and scratching their heads. We address six of the biggest questions on their minds. Source
The intensifying tensions between the US and Iran have led to the closure of the Strait of Hormuz, through which nearly 20% of global oil and LNG flows, resulting in a sharp jump in crude oil prices, with Brent crude rallying to $85 per barrel from $73 per barrel since the war began. The sharp…
The conflict has triggered a record-low rupee and a foreign sell-off, leaving Indian markets caught between soaring oil prices and a strengthening dollar. Source
Amidst the increasing tension of Israel-Iran conflict, investors will keep an eye on certain sectors in the Indian stock market on Monday. Sector-specific movements may be seen due to geo-political risks and possible rise in crude oil prices. Amidst the increasing tension of Israel-Iran conflict, investors will keep an eye on certain sectors in the…
OMC stocks under pressure: Shares of oil marketing companies (OMCs) fell up to 3% on Thursday, February 19. The three state-run OMCs—Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOC) —saw a retreat in their share prices, giving up recent gains, as the rebound in global crude prices weighed on investor…
OMC stocks to buy: Refining margin boost, decline in crude prices and lower LPG under recoveries boosted the performance of oil marketing companies (OMCs) during the third quarter of the financial year 2025-26 (FY26). Oil marketing companies’ EBITDA and PAT came in at ₹₹39,500 crore ₹23,740 crore, respectively for Q3FY26 – up 91% or 2.4x…
OMC stocks: Shares of oil marketing companies faced selling pressure on Thursday, February 12, as the crude prices extended gains to the second day today amid escalating tensions between the US and Iran. Shares of Bharat Petroleum Corporation Limited (BPCL) declined as much as 2.20% to ₹379.05 on the BSE. Meanwhile, Indian Oil Corporation (IOC)…
Oil stocks have been volatile as the market seems to be pricing in a spike in crude prices owing to prolonged uncertainty and possible supply-chain disruption. However, the lifting of US sanctions on Venezuela and the formation of a pro-US government there could raise supplies significantly. Source
