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.

A US-Iran peace deal is expected to ease oil supply risks, pushing crude prices lower. Nomura sees OMCs, CGDs, and Petronet LNG as key beneficiaries, while upstream firms like…

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.