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Overview Sensex surged 763.48 points to 74,970.72 and Nifty gained 246.10 points to 23,248.25. The rally was driven by a drop ...

In the wake of escalating tensions in West Asia and a sharp rise in crude oil prices, shares of major oil marketing companies ...

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

While India's OMCs have benefitted from elevated marketing margins n the last few years, the upcoming weak earnings are set to erode that buffer created, according to the Kotak note.

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.

Share Market Highlights - Find here all the highlights related to Sensex, Nifty, BSE, NSE, share prices and Indian stock ...

LPG black marketing: CIC asks BPCL to reveal action, rejects 'commercially sensitive' claim ...

Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) — lost 4-7% as oil prices rose ...

The biggest reason is the sharp rise in crude oil prices due to geopolitical tensions in West Asia. When crude rises, companies like BPCL that sell petrol and diesel often see margin pressure because ...

Oil prices decline amid West Asia conflict, boosting BPCL, IOC, IndiGo, and paint stocks while market sentiment improves.