Tag: oil marketing companies

As crude oil prices soar, Indian oil marketing companies are on the brink of raising petrol and diesel prices due to significant financial losses.

If approved, this would mark the first increase in petrol and diesel prices in nearly four years. The government is expected to decide soon.

Bharat Petroleum Corporation Limited has appointed Vedveer Arya as an Additional Director, succeeding Sushma Agarwal, who has completed her tenure.

IOC shares fell 7.2% on March 9, 2026, amid rising crude oil prices, reflecting broader concerns in the oil marketing sector.