Indian Oil, BPCL, and HPCL could each gain over ₹20,000 crore in profitability if crude oil prices remain low, according to ICICI Securities' analysis.
Gas companies could benefit from improved global LNG supplies
Jun 17, 2026
07:40 pm
What's the storyIndia's oil marketing companies (OMCs) could see a major boost in profitability if the current trend of falling crude oil prices continues.
Probal Sen is a senior research analyst covering Indian Oil & Gas Sector, Indian Agrichem Sector, and Institutional Equities at ICICI Securities.
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