Oil PSUs maintain capex despite West Asia conflict

21 May 2026via The Economic TimesSource

English हिंदी తెలుగు தமிழ்ಕನ್ನಡ मराठी বাংলা ગુજરાતી

Oil PSUs maintain capex despite West Asia conflict. The ongoing West Asia conflict has not derailed capital expenditure plans of state-owned oil companies. Firms like ONGC, BPCL, and IOC continue with ₹50,000 crore combined capex for FY25, focusing on refining and exploration. This signals stable operational outlook despite geopolitical risks.

📊 STOCKS: ONGC, BPCL, IOC | 🏢 SECTOR: Energy | #MEDIUMIMPACT #capex

#capex#oil#PSU

Stocks mentioned

ONGCOil and Natural Gas Corporation Limited BPCLBharat Petroleum Corporation Limited IOCIndian Oil Corporation Limited

⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.

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