U.S. President Donald Trump said on Saturday (May 23, 2026) a deal with Iran had been “largely negotiated,” with the proposal including opening the crucial Strait of Hormuz, though the agreement was “subject to finalisation.” “An Agreement has been largely negotiated
A person who approached a White House security checkpoint and began firing at officers has died, according to federal officials. The U.S. Secret Service said in a statement late on Saturday (May 23, 2026) that, according to a preliminary investigation
Pakistani woman says corporate culture makes employees feel guilty for taking leave: ‘Rest needs justification’A Pakistani woman said corporate jobs made employees feel guilty for taking paid leaves they were allowed to use. Published on: May 24
This crunchy veggie rice paper pancake is the perfect quick-fix snack for sudden hunger cravings at home: Full recipeFrom crispy edges to flavour-packed bites, try this veggie rice paper pancake recipe for an ultimate comfort snack for lazy evenings. Updated on: May 24
Amazon techie earning ₹11 lakh/month has 1 house in US, 4 properties in India, Range Rover — but no emergency fundAn Amazon employee earning close to $300,000 feels financially insecure despite significant savings and investments. Published on: May 24
Indian Oil, HPCL, BPCL shares surge after premium petrol price hike
Indian Oil, HPCL, BPCL shares surge after premium petrol price hike
Indian Oil, HPCL, BPCL shares surge after premium petrol price hike
The prices of premium petrol—BPCL’s Speed, HPCL’s Power, and IOCL’s XP95—has been increased by ₹2.09– ₹2.35/litre, but there's no change in regular petrol.
Updated on: Mar 20, 2026 3:35 PM IST By HT Business Desk Share via Copy link Shares of India's oil marketing companies — Indian Oil, HPCL and BPCL — surged up to 3.5% today after an increase in premium petrol prices. There was no change in “normal” petrol prices. An attendant holds a petrol nozzle at a petrol pump in Siliguri. (Reuters) The prices of premium petrol — BPCL’s Speed, HPCL’s Power, and IOCL’s XP95 — has been increased by ₹2.09– ₹2.35 per litre, according to ANI post on X. There is no change in the price of regular petrol at present. The state-run Indian Oil Corp. Ltd., Bharat Petroleum Corp. Ltd., and Hindustan Petroleum Corp. Ltd. have been absorbing the cost of a surge in crude oil prices due to Iran war. Every $10 rise in crude oil prices erodes erodes their margins by ₹6.3/litre of petrol and diesel they sell, according to Elara Securities. To be sure, fuel prices have surged globally. In the US, gasoline now costs 20% higher than before the Iran war. China has effected the biggest fuel price hike since 2022. In the UK, fuel prices are at an 18-month high. Fuel prices in Pakistan and Sri Lanka are up by 20% and 8%. To be sure, the government cannot avoid a petrol/diesel price hike indefinitely. It does have a buffer in terms of excise duty— ₹19.9 per litre of petrol and ₹15.8 per litre of diesel. According to experts, retail petrol/diesel prices can be fully protected through excise duty cuts of up to $110 per barrel. For now, the government has not announced any plans to cut excise duty, and Indian Oil, BPCL and HPCL are footing the bill. The premium petrol price hike today will offset the impact, but only so much. ABOUT THE AUTHOR HT Business Desk The HT Business Desk provides comprehensive coverage of the Indian and global financial markets. Based in Mumbai and New Delhi, the team tracks everything from Sensex and Nifty movements to the latest from India Inc., trade deals, and macroeconomic policy. We aim to empower readers with timely, fact-checked news that clarifies the complexities of the business world.Read More Petrol Prices Stay updated with the latest Business News on Petrol Price, Gold Rate, Silver Rates, Diesel Prices along with Income Tax Calculator News / Business / Indian Oil, HPCL, BPCL Shares Surge After Premium Petrol Price Hike See LessShares of India's oil marketing companies — Indian Oil, HPCL and BPCL — surged up to 3.5% today after an increase in premium petrol prices. There was no change in “normal” petrol prices.
The prices of premium petrol — BPCL’s Speed, HPCL’s Power, and IOCL’s XP95 — has been increased by ₹2.09– ₹2.35 per litre, according to ANI post on X. There is no change in the price of regular petrol at present.
The state-run Indian Oil Corp. Ltd., Bharat Petroleum Corp. Ltd., and Hindustan Petroleum Corp. Ltd. have been absorbing the cost of a surge in crude oil prices due to Iran war. Every $10 rise in crude oil prices erodes erodes their margins by ₹6.3/litre of petrol and diesel they sell, according to Elara Securities.
To be sure, fuel prices have surged globally.
For now, the government has not announced any plans to cut excise duty, and Indian Oil, BPCL and HPCL are footing the bill. The premium petrol price hike today will offset the impact, but only so much.
Source: HindustanTimes
Related Posts: CBSE Class 11 Lenskart, BPCL, Hindalco among 10 shares in focus today Indian-Origin Surgeon Carries Out UK's First Long-Distance Robotic Surgery From 2 Paytm Shares Jump 6% After RBI Nod For Online Payment Aggregation Business Melania Trump denies ties to Jeffrey Epstein and urges hearing for survivors Voters in rural Bihar still reluctant to rally behind ‘untested’ Jan Suraaj Airtel prepaid data pack under ₹50 brings IPL 2026 streaming at a surprisingly low cost Umar Khalid gets three-day interim bail from Delhi HC for mother’s surgery ITC Hotels, AU SFB, Tata Capital, LTIMindtree, CEAT, Ola Electric, HPCL, And Others HPCL Announces Final Dividend Of Rs 19
With big-budget spectacles and larger-than-life action becoming the norm, one upcoming Hindi film is now aiming for something Indian cinema has rarely explored in a full-fledged way… alien horror. Actor Akshay Kumar is set to headline Samuk, a sci-fi thriller centred around extraterrestrial
1 days ago
Kara OTT release: Dhanush's ₹50 crore heist film gets digital release in less than a month; when and where to watchKara OTT release: Vignesh Raja's Tamil film starring Dhanush and Mamitha Baiju was released in theatres on April 30. Know when and where to stream it online. May 24, 2026
1 days ago
The Supreme Court on Saturday registered a suo motu case in connection with the death of a woman in Madhya Pradesh, whose family has alleged that her in-laws harassed her for dowry, reported The Hindu. Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul Pancholi will hear the case on
1 days ago
Rare lung transplant at Apollo saves a life; spotlight on India's organ donor shortageRare lung transplant at Apollo saves a life; spotlight on India's organ donor shortage Published on: May 24, 2026 10:33 AM IST PTI Share via Copy link New Delhi, A year ago, every breath felt borrowed
1 days ago
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.These countertop organisers, crockery pick and jars can give your kitchen a Pinteresty spin by keeping the clutter awayTurn your kitchen into a photo-ready space with stylish organisers
1 days ago
Indian athletics witnessed a historic evening in Ranchi as Tejaswin Shankar became the first Indian ever to breach the 8000-point barrier in decathlon at the Federation Cup on Saturday. The 27-year-old produced a sensational all-round performance to finish with 8057 points
1 days ago
The Centre released draft rules for the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025 for public consultation. The rules focus on governance, grievance redressal, and transitioning from MGNREGA to the new rural employment scheme
1 days ago
The National Threat Analytics Unit of the Indian Cybercrime Coordination Centre (I4C) has warned of a sophisticated phishing campaign impersonating Apple tech support to target whose devices have been lost or stolen, officials said on Saturday.The I4C, which functions under the Union Home Ministry
1 days ago
Sachin Tendulkar praised his son Arjun's IPL debut for Lucknow Super Giants. Arjun Tendulkar showed patience and skill in his first match. He bowled well and took a wicket. Sachin Tendulkar expressed pride in his son's performance and attitude
1 days ago
White House shooting suspect claimed to be ‘real’ Osama bin Laden, threatened Trump online: ReportOsama bin Laden was the founder and leader of the terror group Al-Qaeda, which was reportedly responsible the 9/11 attacks. Updated on: May 24, 2026 11:02 AM IST By Anita Goswami Share via Copy
1 days ago
May 24, Birthday Horoscope: Here's what the tarot cards have in store for youIf your birthday falls on May 24, here’s what your year ahead looks like, as per Tarot. Published on: May 24, 2026 11:00 AM IST By Kishori Sud Share via Copy link If you were born on May 24
1 days ago
George Russell may have delivered the perfect answer to mounting pressure at Mercedes. After a fiery sprint race clash with championship-leading teammate Kimi Antonelli earlier on Saturday, the Briton bounced back in style to grab pole position for Sunday’s Canadian Grand Prix — edging the
1 days ago
BJP candidate Debangshu Panda is leading significantly in the Falta assembly constituency repoll. After five rounds of counting, Panda has secured a lead of over 14,000 votes against his CPI(M) rival. The repoll followed allegations of EVM tampering and irregularities during the initial polling
1 days ago
The suspect in a shooting near the White House was killed in an exchange of fire with Secret Service agents on Saturday evening, officials have confirmed. BBC's US media partner CBS has named the suspect as Nasire Best, a 21-year-old man who was known to the Secret Service and had a documented
1 days ago
CPI(M) MP raises concerns over CBSE's digital evaluation, seeks interventionCPI(M) MP raises concerns over CBSE's digital evaluation, seeks intervention Published on: May 23, 2026 5:22 PM IST PTI Share via Copy link New Delhi, The Rajya Sabha leader of the CPI, John Brittas
1 days ago
Imagine enjoying a decadent, fudge‑like treat that also supports your hormones, libido, and menstrual rhythm, all while being packed with collagen, magnesium, adaptogens, and lignan‑rich omega‑3s. These Seed Cycling Hormone Bliss Balls are designed around the simple yet powerful practice of
1 days ago
Weekly Love Horoscope for May 24-30, 2026: The stars brings positive energies for these zodiac signsWeekly Love Horoscope for May 24-30, 2026: This week asks for patience, trust, and emotional resilience. Published on: May 24, 2026 7:30 AM IST By Kishori Sud Share via Copy link Aries Love feels
1 days ago
From a darkly comic tale of revenge to a beautiful contemplation on friendship, here are the year's most acclaimed works of fiction so far. "Daring, deranged, cleverly written," is how Vogue describes the buzzy debut by Caro Claire Burke. In this satirical thriller
1 days ago
Overnight fires in Delhi: Shops, homes gutted in four blazesA fire department officer was injured after the tin shed of one of the shops he was standing on during the firefighting operation collapsed. Updated on: May 24, 2026 7:37 AM IST By Karn Pratap Singh Share via Copy link Four separate fire
1 days ago
As per the government, the new rules enable families living in Delhi to submit applications if their annual household income is within the newly prescribed limit. New Delhi: The Delhi government has reopened the process of issuing fresh ration cards under changed eligibility criteria after a gap of
1 days ago
The reported disruption of AI-animated film Critterz after OpenAI allegedly shut down Sora has sparked a larger conversation around one major issue in tech and entertainment: what happens when creators build entire projects on platforms they do not control?The reported disruption of AI-animated
1 days ago
Ex-Meta employee says non-Chinese workers were targeted for layoffsA laid-off Meta engineer has alleged that he was routinely excluded and ostracised by his Chinese colleagues at the company. Updated on: May 24, 2026 7:01 AM IST By Sanya Jain Share via Copy link A laid-off Meta engineer has alleged
1 days ago
Mackenzie Shirilla wanted Kim Kardashian's help; here's why it's not happeningMackenzie Shirilla sought Kim Kardashian's legal support following the release of The Crash documentary, but Kardashian reportedly has no plans to get involved. May 24, 2026
1 days ago
X warns founder against reuploading White House shooting video: 'Revenue reduced by 90%'Nikita Bier of X warned a user against reuploading the White House shooting video, asking him to ‘Quote’ or ‘Video Reshare’ instead. Updated on: May 24, 2026 6:14 AM IST By Sanya Jain Share via Copy link
1 days ago
Sonam Wangchuk says Article 371 talks for Ladakh still ‘work in progress’; backs Cockroach Janta PartySonam Wangchuk hoped constitutional safeguards will be granted to Ladakh after recent talks between Ladakh groups and the Centre. Updated on: May 24
1 days ago
Talking about international partnerships, PM Modi said India’s growing ties with global companies and countries would create new opportunities for young people. Prime Minister Narendra Modi distributed more than 51,000 appointment letters to newly recruited candidates during the 19th Rozgar Mela
1 days ago
Dipika Kakar’s father-in-law in ICU after suffering stroke, Shoaib Ibrahim seeks prayers: ‘24 hrs are crucial’Shoaib Ibrahim took to Instagram to inform fans that his father has been hospitalised once again after suffering another stroke. May 24, 2026
1 days ago
