SENSEX
NIFTY
GOLD
USD/INR

Weather

image 42    C

Economy News

The Economic Times

Economy / The Economic Times

details

S&P flags pressure on Indian Oil as high crude prices squeeze margins

S&P Global Ratings warns Indian Oil Corporation faces mounting pressure to balance affordable fuel with profitability. Prolonged Middle East tensions are escalating crude oil prices, squeezing margins and potentially impacting IOC's earnings and liquidity over the next year. The agency highlights the challenge of absorbing losses from high crude costs while meeting India's energy needs.

22 May 2026 3:11 pm