Economic Times | IOC, BPCL & HPCL likely to take Rs 4500-crore hit in FY19 Economic Times Price controls, earning cuts and forecasts that crude oil, currently at about $85, will soar above $100 in a few months, hammered the shares of oil companies on Thursday. Global oil prices are widely expected to rise as US sanctions choke supply from ... Cut in fuel prices may make ₹9000 crore dent in oil retailers' profits Stocks of Oil Firms Crash to 52-week Lows As Jaitley Tells Them to Absorb Re 1 Fuel Price Deduction |