OMCs

News

E20 petrol meets quality standards, say OMCs citing new tests

OMCs say they have further strengthened surveillance by conducting water ingress and density tests 8–12 times daily at every retail outlet.

2 min read7 Aug 2026
Markets

HPCL, BPCL to IOCL — oil PSU stocks dip as crude price jumps above $90/bbl

HPCL share price emerged as the top laggard, falling as much as 1% on NSE. Meanwhile, other PSU OMCs — BPCL and IOC shares also tanked less than a percent on Thursday.

1 min read30 Jul 2026
Markets

BPCL, HPCL to IOC: OMC stocks fall up to 5.5% on sharp rebound in crude oil prices

State-owned oil marketing companies HPCL, BPCL, and IOC saw their shares drop as crude oil prices surged due to Middle East tensions. Investors booked profits after price declines, with HPCL down 5.4%, BPCL 4.7%, and IOC 3.5%. Existing conditions may pressure OMCs' profit margins.

2 min read8 Jul 2026
News

OMCs may review petrol, diesel prices in 2-3 months if crude stays low, says Minister Puri

The oil minister said OMCs are still selling fuel refined from costlier crude bought during the West Asia conflict, while cumulative under-recoveries have climbed to about ₹2.19 trillion.

2 min read2 Jul 2026
Markets

OMCs get a breather from cooling oil prices, but the coast is not all clear

As the West Asia conflict approaches resolution, Indian oil marketing companies (OMCs) are breathing a sigh of relief. With Brent crude prices falling below $80 per barrel, there's optimism for a financial rebound in the sector.

3 min read17 Jun 2026
Markets

IOC to BPCL: OMC stocks to remain in focus on Monday. Which OMC stock to buy for long-term?

OMC stocks will remain in focus on Monday, 25 May, after petrol and diesel prices hiked for the third time in eight days. Experts recommend these OMC stocks to buy amid rate hike uncertainty.

2 min read24 May 2026
Markets

OMCs face heat from crude surge, after inventory-led March-quarter earnings beat

Shares of OMCs are down 11-25% since the outbreak of the war, though there is little comfort on valuations. Any breakthrough in the ongoing war, enabling the opening up of the Strait of Hormuz could come as a big relief to OMCs.

2 min read21 May 2026
Markets

BPCL Q4 results 2026 LIVE: Net profit plunges 58% QoQ to ₹3,191 crore

BPCL Q4 results 2026 LIVE: Ahead of the earnings announcement, oil PSU stock traded in the green. BPCL share price rose almost 3% to the day's high of ₹289.55 on the BSE.

4 min read19 May 2026
Markets

Petrol, diesel price hike: Is ₹3 fuel price increase enough to offset OMCs’ mounting losses?

Petrol and diesel price hike offers some relief to OMCs, but analysts believe it is insufficient to fully offset the massive under-recoveries accumulated over the past few years. OMCs are estimated to be incurring losses of around ₹20 per litre on petrol and nearly ₹100 per litre on diesel.

1 min read15 May 2026
Markets

BPCL, HPCL, IOC shares dip but soaring oil prices fail to weigh on ONGC shares. Here's why

OMC stocks fell up to 4% today, while upstream companies' shares rallied on Tuesday. Here's what experts say on volatility in oil stocks amid rising crude oil prices.

3 min read28 Apr 2026