Crude oil prices above $100 a barrel: Why HPCL, IOCL and BPCL could face earnings pressure, experts decode

Crude oil prices have surged above $100 a barrel, potentially squeezing the earnings of Indian state-run oil marketers like HPCL, IOCL, and BPCL if fuel prices remain unchanged.

HPCL faces the greatest pressure, followed by IOC and BPCL, according to experts.