BusinessPhoto: Mint MarketsCrude Oil Above $100 May Pressure HPCL, IOC, BPCL Earnings
Crude oil prices rising above $100 per barrel could tighten profit margins for Indian state-run oil companies if petrol and diesel prices stay the same. Experts say HPCL is likely to face the most significant earnings pressure, followed by IOC and BPCL, due to the increased crude costs without corresponding fuel price hikes.
Mint Markets·

