▼ Bearish for Indian Oil

India loses 6.2 million LPG customers in months as Iran war hits Gulf supplies

1 source · first seen 13:56 25 Sept · updated 13:56 25 Sept

The brief

Written from 1 report · check the source before you trade

India lost 6.2 million LPG customers in months as Gulf supplies were hit by the Iran war
LPG supply disruptions expose Indian oil marketing companies to sourcing and distribution pressure

Market read

the session the news first traded, and since

Stock	Traded	That day	vs Nifty	Volume	Since
BPCL	Fri, 25 Sept	+0.5%	+0.1%	0.4×	+0.5% · Nifty +0.3%
HINDPETRO	Fri, 25 Sept	+0.2%	−0.2%	1.3×	+0.2% · Nifty +0.3%
IOC	Fri, 25 Sept	−0.4%	−0.8%	1.0×	−0.4% · Nifty +0.3%

✓ Classifier read this as negative; IOC fell 0.8% against the Nifty on the day it traded.

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Iran51 today Middle East17 today Fuel prices7 today Geopolitics79 today Oil and gas companies10 today Shipping routes3 today Indian Oil₹135.70 · 2 today BPCL₹308.50 · 3 today HPCL₹351.00 · 1 today

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Part of a developing story3 updates

India's LPG supply and US import plans

India lost 6.2 million LPG customers amid war-related disruption to Gulf supplies. State-owned companies are seeking 2.75 million metric tons of US LPG for 2027 as India steps up US buying.

Friday, 25 September

18:202 sources
Indian state companies seek 2.75 million tonnes of US LPG for 2027
18:032 sources
India to increase US LPG purchases as Middle East risks persist
13:56You are here
India loses 6.2 million LPG customers in months as Iran war hits Gulf supplies

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Read the reports

1 report · earliest 13:56

Times of IndiaIndia loses 6.2 million LPG customers in months as Iran war hits Gulf supplies13:56