2025-07-02Niranjan Ghatule
India's oil marketing companies like HPCL, BPCL, and IOC are set to receive a major boost as Petroleum Minister Hardeep Singh Puri indicates that LPG under-recovery compensation may soon be released. After years of mounting losses and no subsidy support since FY22, the expected ₹3,000–₹3,500 crore compensation, along with recent LPG price hikes, could significantly improve their financial position
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2025-06-15Niranjan Ghatule
The intensifying conflict between Israel and Iran has triggered a sharp rise in global crude oil prices, sparking concerns for oil-dependent nations like India. This blog explores how the geopolitical tensions are influencing Brent crude rates, the potential impact on Indian oil companies like IOC, BPCL, and HPCL, and whether Indian consumers should brace for a hike in petrol and diesel prices.
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