Indian Oil shares up by more than 1% today

Indian Oil shares are up today. At 12:25 p.m. IST, 14^th January, 2026, the stock is up by 1.12%, trading at Rs 159.17. Nifty 50 index is up by 0.099% at this time.

Indian Oil has reported discovery of unconventional oil reserves at its Onshore Block 1 in Abu Dhabi. Indian Oil is doing exploration and production in this field through its 50:50 joint venture, Urja Bharat Pte Ltd. Bharat PetroResources, a subsidiary of Bharat Petroleum, is the other partner in this joint venture. Bharat Petroleum shares are up by 0.73% at this time, trading at Rs 357.70.

Rising oil prices

Oil prices are rising after United States said that it may do a military strike on Iran soon. Such a strike may reduce supply of oil in the global market. At this time, WTI crude for February delivery is trading at $60.79 per barrel. Brent crude for February delivery is trading at $65.14 per barrel. In the past 7 days, oil prices have risen by more than 9%.

Indian Oil also has marketing and refining operations. Higher crude oil prices have an adverse impact on the profitability of both its refining and marketing operations. In the past 1 year Indian Oil shares have gained 25.70%. These gains were because oil prices remained low all through 2025.  Nifty 50 index gained 11.21% in this period. Indian Oil shares outperformed the Nifty 50 index by more than 14% in the past one year.

Indian Oil shares have lost 5% YTD in 2026

Year-to-date (YTD) in 2026, Indian Oil shares have lost 5.01%. Nifty 50 has lost around 1% YTD in 2026. So Indian Oil shares have underperformed the Nifty 50, till date in 2026.

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

Source: NSE, Indian Oil