Bharat Petroleum shares fall over 3% as crude oil prices rally amid US-Iran tensions
By Aman Shukla Published on June 12, 2025, 10:03 IST
Bharat Petroleum Corporation Ltd (BPCL) shares declined over 3% in morning trade on June 12, 2025, reacting to a sharp surge in global crude oil prices driven by escalating geopolitical tensions in the Middle East. As of 10 AM, Bharat Petroleum shares were trading 3.61% lower at Rs 321.80.
The rise in oil prices was triggered by increasing instability in the region, particularly between the United States and Iran. Reports suggest that the U.S. is preparing to evacuate non-essential personnel from its embassy in Baghdad, heightening fears of potential supply disruptions in the global oil market.
As a result, Brent crude futures jumped $2.90, or 4.3%, to settle at $69.77 per barrel. U.S. West Texas Intermediate (WTI) crude also surged, gaining $3.17, or 4.9%, to end at $68.15 per barrel.
Bharat Petroleum shares traded in a narrow range on June 12, 2025, opening at ₹330.50 and, at the time of writing, reaching a high of ₹331.00. The stock slipped to a low of ₹321.55 during the session. Currently, it remains significantly below its 52-week high of ₹376.00 but well above its 52-week low of ₹234.01.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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