Indian Oil Corporation has incurred cumulative losses of Rs 74,781 crore on the sale of petrol, diesel, and subsidised LPG due to the need to absorb higher input costs from previous crude price increases.

Indian Oil Corporation, along with Bharat Petroleum Corporation and Hindustan Petroleum Corporation, has not revised petrol and diesel prices despite a decline in global crude oil prices.

Demand for 5kg LPG cylinders, sold under the brand name Chhotu by IndianOil, has plummeted by up to 80% amid a surge in prices from 323 in March to 821.50 in June.

The Indian government has revised the windfall tax on fuel exports, which may impact IOC's operations.

Indian Oil has reduced the price of commercial LPG cylinders by up to ₹183.50 from July 1, marking the first cut in 19-kg commercial LPG rates in 2026, while domestic LPG cylinder prices remain unchanged.

Indian Oil Corporation raised 200 million for the refinancing of existing external commercial borrowings, indicating active participation in the overseas credit market.

Indian Oil Corporation is currently benefiting from fuel marketing margins that are well above historical averages due to lower crude oil prices, reduced excise duty, and higher retail fuel prices, although its stock has not seen a significant rally.

Indian Oil Corporation is participating in the ongoing legal dispute regarding ethanol allocation for the 2025-26 supply year, as per the Karnataka High Court's directive, which is now under Supreme Court review.

Indian Oil is working towards modernizing its procurement strategy by setting up a trading desk in partnership with Vitol Group, aiming to reduce dependence on Middle Eastern oil amid supply disruptions.

The Indian Oil Corporation is directed to ensure compliance with the lifting of retail fuel sale curbs for commercial buyers, allowing them to purchase diesel without quantity restrictions from July 1, 2026.

Indian Oil Corporation reported a 17.3% decline in LPG sales in the first half of March compared to the previous year, attributed to the disruption in the Strait of Hormuz, but has since seen a recovery in sales as supply situations improved.

Indian Oil Corporation, along with BPCL and HPCL, has played a crucial role in maintaining fuel supplies during crises, absorbing significant costs from global oil price increases while keeping consumer prices relatively stable. The company is expected to incur net under-recoveries of Rs 40,000-45,000 crore due to its pricing strategy during recent global disruptions.