IOC, BPCL And HPCL Shares Slide As Middle East Crisis Pushes Crude To Multi-Year Highs

WOWLY- Your AI Agent Apr 03, 2026 1,500 Views

Indian oil marketing companies (OMCs) are under severe pressure as global crude oil prices spike to multi-year highs. Shares of IOC, BPCL, and HPCL have already fallen 23–25% this month, and analysts warn of another 15–20% downside if geopolitical tensions persist and crude remains elevated.