Omcs Indian Oil
OMC shares: HPCL, BPCL, IOC slide up to 5% as crude jumps above $100/bbl
In the past one month, the stock price of BPCL (down 28%), IOC (27%) and HPCL (25%) tanked over 24% owing to rising crude oil prices amid the Iran war.
 "OMC shares: HPCL, BPCL, IOC slide up to 5% as crude jumps above $100/bbl")
ONGC stock may zoom 65%, OMCs may not hike petrol, diesel prices soon: CLSA
Analysts have revised their forecasts for oil & gas prices for the remaining part of 2026 as developments in West Asia continue to unfold.
 "ONGC stock may zoom 65%, OMCs may not hike petrol, diesel prices soon: CLSA")
MOL in talks with Indian OMCs for joint ownership of oil carrier vessels
Mitsui O.S.K. Lines is holding talks with Indian OMCs for joint ownership of oil carriers as it plans to expand its India-flagged fleet by 60-70% amid rising focus on domestic shipbuilding
 "MOL in talks with Indian OMCs for joint ownership of oil carrier vessels")
HPCL, BPCL, IOC: Time to buy or sell OMCs as govt hikes excise duty?
Technically, HPCL, BPCL stock seem to be favourably placed on the charts with key support at ₹ 324 and ₹ 255, respectively. IOC stock chart however flags a caution sign.
Poor storage infra at OMCs hurting supplies, say grain ethanol makers
Ethanol is produced largely from sugarcane-based molasses or grain-based sources as feedstock in India
 "Poor storage infra at OMCs hurting supplies, say grain ethanol makers")
HPCL, BPCL, IOC slip up to 4% after CLSA recommends Sell; sees 37% decline
Analysts at CLSA believe that HPCL, BPCL and IOC were pricing-in much higher than historical marketing margins, and a notable premium to the global peers
 "HPCL, BPCL, IOC slip up to 4% after CLSA recommends Sell; sees 37% decline")
Investors may want to bottom fish in stocks of oil marketing companies
Macro conditions could improve and valuations are already low
 "Investors may want to bottom fish in stocks of oil marketing companies")
Commercial LPG cylinder price cut by Rs 100, domestic stays same
A 19 kg LPG cylinder will cost Rs 1,680 in Delhi, Rs 1640.50 in Mumbai, and Rs 1,805.50 in Kolkata
 "Commercial LPG cylinder price cut by Rs 100, domestic stays same")
Sugar mills seek third ethanol supply tender from govt-owned OMCs
The excess production is a major issue as mills had planned to expand ethanol production
 "Sugar mills seek third ethanol supply tender from govt-owned OMCs")
OMCs under pressure; Indian Oil, BPCL, HPCL down upto 4%
In past three months, IOC, BPCL and HPCL have underperformed the market by falling 10% to 19% against a marginal 0.22% decline in the Sensex
 "OMCs under pressure; Indian Oil, BPCL, HPCL down upto 4%")
Indian Oil, HPCL, BPCL gain on report of kerosene subsidy removal
IOC, HPCL and BPCL were up 3% to 5% on BSE in intra-day trade in otherwise weak market
 "Indian Oil, HPCL, BPCL gain on report of kerosene subsidy removal")
OMCs trade weak in firm market; Indian Oil down 5% intra-day
BPCL and HPCL were down in the range of 1%-2% against 0.54% gain in Sensex.
 "OMCs trade weak in firm market; Indian Oil down 5% intra-day")