Although shipping will be an issue in the near term due to the sanctions, the situation should ease in a few months, BPCL CMD Krishnakumar said.

Shares of HPCL, BPCL, and IOC have corrected by 5–10% over the past month and have underperformed their upstream peer ONGC by 10–15% over the last two to three months. Citi views this correction as an ...

Krishnakumar, chairman and managing director of Bharat Petroleum Corp. Ltd (BPCL). In an interview with Mint, the CMD said that oil prices are not projected to rise and may remain tepid at $70-75 ...