Oil marketing companies see up to 3% gains as crude prices fall
pre-market1 source ↓written by the desknot a recommendation
- to ₹365.85
- 3%
- to ₹466.80
- 2.6%
- gaining
- 1.2%
- per barrel boosted
- $61
Shares of oil marketing companies rallied on 26 Nov, with BPCL up 3% to ₹365.85, HPCL rising 2.6% to ₹466.80, and IOC gaining 1.2%. The drop in global crude prices to $61 per barrel boosted sentiment, reversing recent weakness in these stocks. This rebound may support their yearly returns into 2025.
Not investment advice. For informational purposes only.