Stock Market NewsHPCL, BPCL, IOC Under Pressure; ONGC Rises as Crude Oil Prices RallyLast updated: June 23, 2025 11:01 amAuthor- Sneha GandhiShare2 Min ReadSHAREShares of India’s top oil marketing companies—HPCL, BPCL, and IOC—were under pressure in today’s trading session. This decline came after a sharp rally in global crude oil prices, driven by rising geopolitical tensions.Tensions in Middle East Spark Oil Price SurgeThe Brent crude price jumped by 2% to hover near $78 per barrel, while WTI crude climbed 1.7% to $75 per barrel. This spike followed news that the Iranian parliament approved a proposal to potentially shut the Strait of Hormuz, a key oil shipping route that handles a significant portion of the world’s crude supply.Why Rising Crude Hurts HPCL, BPCL, and IOCWhen crude oil prices rise, oil marketing companies (OMCs) like HPCL, BPCL, and IOC often face higher input costs. However, due to government pricing regulations or market demand concerns, they may not be able to fully pass on the cost hike to consumers, directly impacting their profit margins.“Rising crude oil squeezes profit margins of OMCs, making them less attractive to investors during such rallies.”ONGC Stock Gains on Exploration AdvantageIn contrast, oil exploration companies such as ONGC and Oil India saw their stocks move higher. This is because they benefit from higher crude prices—earning more per barrel produced while maintaining relatively stable production costs.“Higher crude prices often boost earnings expectations for exploration companies, resulting in gains for stocks like ONGC and Oil India.”Sector Outlook Going ForwardThis contrasting movement highlights how crude oil price changes affect different segments of the oil and gas sector. While refining and marketing companies struggle, exploration firms stand to gain when oil prices rise.With geopolitical tensions in the Middle East continuing to evolve, market participants will be closely monitoring the impact on oil prices and related Indian energy stocks.Know more about us-NiftyTraderGiftNiftyBSE Option ChainNSE Option ChainIPONiftyOptionStimulatorBankNiftyOptionStimulatorYou Might Also LikeIndiGo Shares Rebound After DGCA Grants Partial Relief on Pilot Duty NormsRate Cut Meets a Falling Rupee: Yes Bank, Union Bank Shares Rise Up to 3% on Bank Nifty InclusionDGCA Eases Pilot Rest Rules to Help Stabilize IndiGo’s Operations Amid Flight DisruptionsPetronet LNG Shares Gain 4% After 15-Year Ethane Deal With ONGC; Nomura Sees 34% UpsideRate Cut Meets a Falling Rupee: Sensex Gains 500 Pts, Nifty Near 26,200 as RBI’s 25 bps Cut Lifts MarketsShare This ArticleFacebookCopy LinkShareBySneha GandhiFollow: Sneha Gandhi is a passionate stock market learner and finance content writer who loves exploring market trends and sharing the latest updates with readers. She enjoys simplifying complex market news and making financial insights easy for everyone to understand. Previous Article Harvard Nears Landmark Deal with Trump Administration Amid Funding Freeze and Legal Battle Next Article Sensex Crashes as Geopolitical Tensions and Crude Oil Spike Rattle Markets Stay Connected3.9kFollowersLike1.5kFollowersFollow10FollowersPin261FollowersFollow22.9kSubscribersSubscribe20kFollowersFollow561FollowersFollowLatest NewsRate Cut Meets Falling Rupee: India’s Markets Enter a New Tug-of-WarFinance and EconomyDecember 5, 2025Govt Shuts Door on FDI Limit Hike, Merger Chatter; PSU Bank Rally Now Hinges on FundamentalsFinance and EconomyDecember 5, 2025Large Trade Deal: Meesho, Aequs, Vidya Wires IPOs Enter Final Bidding Day as GMPs Surge on Strong DemandIPO NewsDecember 5, 2025ITC Hotels Shares Trade Flat as ₹3,856 Crore Block Deal Transfers 9% Equity; BAT Likely SellerStock Market NewsDecember 5, 2025