India OMCs Hold Petrol/Diesel Prices as Brent Tops $88, Margin Squeeze Deepens

State-run IOCL, BPCL and HPCL leave pump prices frozen on July 18 despite elevated crude costs, extending a freeze dating to May 2022 and compressing refiner margins amid Middle East supply risks.

ndtv-profit-business · 7/18/2026, 4:31:30 AM · Ask about this →