VERIFIEDET Stocks·19 Aug 2026neutral

Oil India vs ONGC vs OMCs: What JM Financial’s $80 Brent call means for oil stocks

AI Summary

·Brent crude is expected to remain near $80 per barrel for the next twelve months.
·JM Financial analysts favor Oil India and ONGC due to anticipated earnings growth.
·Oil marketing companies like HPCL, BPCL, and IOCL face pressure from lower integrated gross margins and valuation concerns.