Indian Oil shares up by more than 1% today

Amidst broad-based market wide selling today, Indian Oil shares are up. At 3:10 p.m. IST, 3^rd December, 2025, its stock price is up by 1.02 %, trading at Rs 164. Nifty 50 index is down by 0.36% at this time. Indian Oil shares are gaining today as the company is likely to announce interim dividend after its board meeting on 12^th December, 2025.

Before this Indian Oil had also paid a dividend of Rs 3 per share in August this year, as a final dividend for FY25. The company’s stock has a track record of paying dividends consistently to investors.

Indian Oil shares have performed well in 2025

Indian Oil’s shares have performed well in 2025. Year-to-date (YTD) in 2025, the stock has gained 19.54%. Nifty 50 index has gained 9.25% in this period. The stock has outperformed the benchmark Nifty 50 index by more than 10% this year. Nifty Oil & Gas index has gained 12.01% YTD in 2025. Indian Oil’s stock has outperformed the benchmark index by more than 7% this year. Indian Oil has a weight of 9.08% in Nifty Oil & Gas index.

Lower crude oil prices beneficial for Indian Oil

Indian Oil is an oil refining & marketing company. Lower crude oil prices are therefore beneficial for the company. Its refining margin and sales margin go up with lower crude oil prices. Oil prices have remained low this year. This because of subdued demand and higher supply this year. Higher US tariffs have resulted in economic slowdown in many countries. According to WTO, 11% of total global imports have already been adversely impacted because of higher US import duties. Demand for oil goes down with economic slowdown.

The ongoing Russia – Ukraine war also resulted in Russia supplying cheaper oil to the market. Meanwhile, OPEC+ continued to increase output to prevent American crude oil from gaining market share. OPEC + has said that it will increase its oil output by 137,000 barrels per day in December. After that it will not increase output in the first 3 months of 2026.

At 3 p.m. IST, 3^rd December, 2025, WTI crude for January delivery is trading at $59.32 per barrel. Brent crude is trading at $63.13 per barrel.

If Russia-Ukraine ceasefire happens, then crude oil prices may go down further

The most recent round of talks between US and Russia, for bringing a ceasefire in its war with Ukraine, ended without any solution yesterday. If a ceasefire happens then European and American sanctions on Russian oil will end. This will increase oil supply in the global market. This in turn may cause crude oil prices to go down further.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source: NSE, Indian Oil