#mehangai news - Why OMC shares lack fuel these days

LivemintWhy OMC shares lack fuel these daysLivemintCrude oil prices were the highest in 30 months on Tuesday. Shares of oil marketing companies (OMCs)—Indian Oil Corp. Ltd (IOC), Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL)—reacted by declining 2.2-4%, on a day when the ...

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