Brent Crude & Indian Oil Corporation
14 shared events · Importance 3 · Last updated Aug 16, 2026
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Domestic
Brent Crude: Brent Crude>>> prices have risen significantly, trading above $100 per barrel, which is a primary driver for the fuel price hikes in India>>>.
Indian Oil Corporation: Indian Oil Corporation>>>, a state-owned fuel retailer, has increased fuel prices to recoup losses driven by higher crude costs due to geopolitical tensions. Its shares rose after the price hikes.
May 19, 2026 · 125 articles
Domestic
Brent Crude: Brent Crude>>> oil prices remaining elevated at around USD 100 per barrel are a primary driver of increased input costs for fuel retailers in India>>>.
Indian Oil Corporation: Indian Oil Corporation>>> is one of the state-owned fuel retailers incurring significant losses on domestic LPG, petrol, and diesel sales due to elevated global energy costs and the government's policy of not fully passing on price increases to consumers.
Jun 06, 2026 · 78 articles
Business
Brent Crude: Brent Crude prices fell below pre-West Asia conflict levels, easing supply concerns and reducing India's import bill, but later rose on renewed security concerns in the Strait of Hormuz.
Indian Oil Corporation: Indian Oil Corporation placed tenders to buy 7 million barrels of crude, indicating buying by Indian oil companies and supporting the US dollar.
Jun 25, 2026 · 31 articles
International
Brent Crude: Brent Crude prices have surged above $94 per barrel due to supply disruptions, benefiting oil producers but hurting consumers.
Indian Oil Corporation: Indian Oil Corporation, along with other state refiners, plans to reduce Middle East oil reliance and diversify supply sources.
Apr 20, 2026 · 709 articles
Business
Brent Crude: Brent Crude prices rose about 45% year-on-year, increasing BPCL's raw material costs.
Indian Oil Corporation: IOC, along with BPCL and HPCL, kept fuel prices below cost, contributing to industry-wide losses.
Jul 22, 2026 · 6 articles
Regulatory
Brent Crude: Brent crude prices rose to $84.73 per barrel amid renewed US-Iran tensions and blockade of Strait of Hormuz, influencing the tax revision.
Indian Oil Corporation: As a state-run oil marketing company, it is involved in domestic fuel pricing and supply, but no direct action in this event.
Jun 30, 2026 · 25 articles
Regulatory
Brent Crude: Brent Crude prices are referenced as a benchmark; reduced dependence may lower sensitivity.
Indian Oil Corporation: Former chairman R. Ashoka defended the program; IOC involved in testing and distribution.
Jul 03, 2026 · 315 articles
International
Brent Crude: Brent crude prices have been volatile, rising on supply disruption fears, impacting global energy costs.
Indian Oil Corporation: Indian Oil has secured crude supplies, mitigating impact of disruptions.
Aug 02, 2026 · 162 articles
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