Bharat Petroleum Corporation Ltd News

Oil on a boil: OMCs, IndiGo & other crude-sensitive stocks sink up to 5%

Oil prices climbed sharply on Thursday due to rising attacks on vessels in the West Asia and hurricane-related production shutdowns in the US, reviving fears of severe supply disruptions.

BPCL's ₹1 trn refinery project gets environmental clearance recommendation

The proposed 9 mtpa refinery and petrochemical complex near Ramayapatnam Port will come up on 5,200 acres and produce transportation fuels and petrochemicals

Indian oil refiners change tactics, hire tankers to sail through Hormuz

Refiners are shifting from relying on Gulf producers and traders to transport crude through Hormuz, seeking to reduce the premium paid for cost-and-freight shipments

High crude leaves OMCs losing ₹530 crore a day on fuel sales: Icra

Underrecoveries reach Rs 8/litre on petrol and Rs 9/litre on diesel in September

Stocks to watch: Tata Group, OMCs, Welspun Corp, Mazagon Dock, Apollo Pipes

Stocks to watch today: IOCL, HPCL, BPCL, Asian Paints, IndiGo, among others, will be in focus following a decline in crude oil prices.

Stocks to watch: Vi, OMCs, SBI, Texmaco Rail, PNB, HDFC Bank, YES Bank

Stocks to watch: Crude-linked shares, Vodafone Idea, SBI, Texmaco Rail, PNB, HDFC Bank, YES Bank, JSW Infra, Shankesh Jewellers, Gabriel India, among others, will be in focus today.

Crude oil at $100, but why are OMCs not on a slippery slope? Decoded

Oil at $100: OMC stocks have already been punished significantly, and therefore investors are not reacting in panic after such a major fall, believe analysts.

OMCs may be losing ₹5/litre on petrol, ₹23 on diesel as Brent crosses $100

OMCs are losing ₹5 a litre on petrol and ₹23 on diesel as Brent crude crosses $100 a barrel, while escalating US-Iran tensions add to India's energy supply risks

Brent Crude hits $100/bbl after 3 months; Nifty Oil & Gas stocks then & now

Brent Crude oil last traded above the $100 mark on May 25, 2026, before Wednesday; since then select stocks from the Nifty Oil & Gas index soared up to 82%, while two declined over 10%, shows data.

Stocks to watch: Meesho, SAIL, ICICI Bank, L&T Fin, Blue Star, OMCs & more

Meesho's shares will remain in focus after a likely block deal to sell 1.5 per cent of Meesho's paid-up equity by SoftBank Vision Fund entity SVF II Meerkat is expected today.

Stocks to watch: Coal India, RIL, Hero MotoCorp, ITC, Wipro, OMCs & more

OMC stocks representing the state-run Oil Marketing Companies, including BPCL, HPCL, and IOCL, will also remain in focus on Wednesday after Brent crude prices spiked to $96/barrel

E20 won't be replaced by E10, BPCL says amid debate over older cars

Bharat Petroleum Corp Ltd (BPCL), India's second largest fuel retailer, on Thursday said there is no decision to replace E20 petrol with E10, clarifying that the current debate is over whether older vehicles should have access to a lower-ethanol blend and how an additional grade of petrol could be supplied across India's vast fuel-distribution network. In a media call post the company's annual shareholder meeting, BPCL Chairman and Managing Director Sanjay Khanna, however, said he saw no operational or logistical challenge in switching from E20 petrol to E10 if the government decides to change the ethanol-blending policy. "I never said that E20 will be changed to E10," he said, adding that it was being debated in some circles whether older vehicles should have an option of lower-ethanol blend fuel. "That doesn't mean E20 will be out and E10 will be in," he said. His comments come amid a wider policy discussion over whether owners of older vehicles should have access to E10 petrol,

Nomura remains bullish on OMCs despite high crude prices; prefers IOC, BPCL

Nomura maintains its bearish medium-to-long-term outlook on crude oil, citing the potential for the largest-ever global oil surplus in 2027E based on IEA forecasts.

$115/bbl: CareEdge pegs oil level seen turning OMCs' operating profit red

The ratings agency estimates that an integrated OMC's operating profit would turn negative at around $115 a barrel, assuming no further increase in petrol and diesel retail prices.

Oil-and-gas PSUs see first Q1 capex decline in at least five years

Combined capital expenditure by 12 oil and gas PSUs fell 3.8 per cent to Rs 27,161 crore in Q1FY27, led by sharp declines at ONGC and Indian Oil, though experts see the dip as temporary

India needs to boost strategic storage capacity: BP India head Dube

BP India Chairman Kartikeya Dube says India should expand strategic reserves, diversify energy sources and increase domestic oil and gas production to enhance energy security

OMCs drag India Inc earnings. What would Q1 have looked like without them?

Elevated crude prices against the backdrop of the West Asia crisis remained the key factor that roiled the OMCs' Q1 earnings performance.

100-octane premium petrol sales double amid E20 vehicle damage concerns

Demand for 100-octane petrol has surged, particularly in Delhi, as social media claims over E20-related vehicle damage prompt more motorists to switch fuels

Bharat Petroleum may increase fuel prices if crude stays at current levels

The state-run refiner is also exploring long-term crude supply deals with the US and other countries as it seeks to manage supply disruptions and rising energy costs

BPCL, HPCL post Q1 losses amid crude oil spike, weak fuel margins

State-run oil refiners reported quarterly losses as higher crude oil prices, weak fuel marketing margins and LPG under-recoveries weighed on earnings