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OMCs in focus as crude oil hits 1-year low; BPCL, HPCL surge up to 5%

With this decline in crude prices analysts expect marketing margins of HPCL, BPCL and IOCL to improve further.

SI Reporter Business Standard Mumbai
Oil, OMCs, Oil rig, Fuel, Indian Oil, Hindustan OIL, Bharat Petroleum, Petrol, Gas, LPG, Oil drilling, block, basin
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2 min read Last Updated : Mar 16 2023 | 11:13 AM IST
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Shares of state-owned oil marketing companies (OMCs) were in focus on Thursday, rallying up to 5 per cent on the BSE in an otherwise volatile market after crude oil prices fell over 6 per cent overnig
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Topics : Buzzing stocks | oil marketing companies | BPCL HPCL IOC | Market trends | Crude Oil Price

First Published: Mar 16 2023 | 11:03 AM IST

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