India crude basket $156.29 (March 19, 2026) amid Middle East crisis — peak $146 on March 17. Brent ~$112. Upstream ONGC & Oil ...
In the wake of escalating tensions in West Asia and a sharp rise in crude oil prices, shares of major oil marketing companies ...
HPCL shares have plunged 20 per cent in the past one month. BPCL shares are down 17 per cent. IOC has dropped 15 per cent ...
Thus far in March, the stock price of HPCL has slipped 22 per cent, while BPCL and IOCL were down 18 per cent and 14 per cent, respectively amid rising crude oil prices.
OMC stocks — Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) — lost 4-7% as oil prices rose to $114.
Shares of HPCL rose 3.86% to Rs 337.35 against the previous close of Rs 324.80. Market cap of HPCL rose to Rs 71,867 crore.
Shares of oil marketing companies (OMCs) fell up to 3% in Thursday's trading session after crude oil prices once again jumped ...
For OMCs, analysts suggest the fall in stock prices reflects, to some extent, the pain on account of higher crude oil prices that surged past the $100 a barrel (bbl) mark ...
March 19 saw a major downturn in the Indian stock market, with indices dropping 3% and erasing ₹13 lakh crore in value.
The brent crude prices surged as much as 29% intraday, raising fears that under recoveries increase sharply in the absence of ...
After the Middle Eastern situation escalated, global crude oil prices reached a new peak by exceeding $100 per barrel. The oil price increase affected Indian oil marketing companies which included ...
On March 20, the Indian stock market closed higher, with Nifty 50 up 0.50% and Sensex up 0.45%. Crude oil prices stabilized amid geopolitical tensions, with leaders from multiple countries expressing ...