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Oil Retailers Fall As Brent Crude Tops $74

Gold Silver Reports (GSR) – Crude Oil Retailers Fall As Brent Crude Tops $74 — Shares of the state-run oil retailers fell after Brent Crude price rose above $74 a barrel, its highest level since May 2015.

Higher crude oil prices lead to lower margins for oil retailers.

⭐ Indian Oil fell 3.6 percent

⭐ Bharat Petroleum declined 4.91 percent

⭐ Hindustan Petroleum fell 4.97 percent