BPCL, IOCL to HPCL: OMC stocks under pressure as crude oil prices extend gain on US-Iran tensions

Buzz line3 hours ago01 mins

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)…

RIL, ONGC to OMCs: What to expect from the oil and gas sector in Q3FY26 results?

Buzz line1 month ago06 mins

The oil and gas (O&G) sector, which houses some of the biggest companies of Dalal Street, is expected to report a strong operational performance in the third quarter of the financial year 2025-26 (Q3 FY26), led by oil market companies and Reliance Industries. Nuvama Institutional Equities, in a note, said that it forecasts O&G’s Q3FY26E…

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RIL, ONGC to OMCs: What to expect from the oil and gas sector in Q3FY26 results?