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VERIFIEDMint Markets·negative
BPCL, HPCL to IOC: OMC stocks fall up to 5.5% on sharp rebound in crude oil prices
AI Summary
- ·HPCL, BPCL, and IOC shares declined due to a surge in crude oil prices.
- ·HPCL shares fell by 5.4%, BPCL by 4.7%, and IOC by 3.5%.
- ·The rise in crude oil prices may impact the profit margins of these oil marketing companies.