# IndiGo, Indian Oil and other crude-sensitive stocks rally up to 4% as oil dips below $105/bbl. Where are prices headed?

- Source: Economic Times
- Published: 2026-11-03T04:55:02+00:00
- Category: Business
- Original: https://economictimes.indiatimes.com/markets/stocks/news/indigo-indian-oil-and-other-crude-sensitive-stocks-rally-up-to-4-as-oil-dips-below-105/bbl-where-are-prices-headed/articleshow/135482481.cms
- Canonical: https://groundlevelnews.com/story/indigo-indian-oil-and-other-crude-sensitive-stocks-rally-up-to-4-as-oi-ff56f1/

Crude-sensitive stocks such as IndiGo, BPCL, HPCL and Indian Oil rallied up to 4% as oil prices declined for a second consecutive session amid US-Iran peace talks. Upstream stocks ONGC and Oil India, however, fell up to 2%. Lower crude prices typically benefit downstream companies by easing input costs and supporting refining and marketing margins.

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