Oil Stocks Jump on Govt Pricing Clarity

  Published 6 months ago

State oil firms BPCL, HPCL, and IOC surge after government pricing clarity and LPG support.

  • Brokerages credit minister Puri’s remarks, expecting minimal intervention and steady returns for OMCs in the future.
  • HSBC maintains buy ratings; J.P. Morgan and Macquarie see improved margins from LPG under‑recovery payments.
  • 2025 YTD gains: BPCL +11%, HPCL +3.3%, IOC +6.3%; oil index up 5.2% so far.

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