Gold Silver Reports (GSR) – Oil Marketing Companies Fall Tracking Surge In Crude Price — Shares of the state-run oil marketing companies — Bharat Petroleum, Indian Oil and Hindustan Petroleum fell after Brent Crude moved above $70 per barrel to trade close to fresh 52-week high.
Higher crude oil prices would result in lower margins for oil refiners.
✅ Indian Oil fell 2.3 percent to Rs 165
✅ Bharat Petroleum fell 2.6 percent to Rs 402
✅ Hindustan Petroleum declined 4.6 percent to Rs 323
