Bpcl Hpcl Ioc

OMCs in focus as crude oil hits 1-year low; BPCL, HPCL surge up to 5%

With this decline in crude prices analysts expect marketing margins of HPCL, BPCL and IOCL to improve further.

Stocks to Watch: Bajaj Finance, Marico, M&M Fin, IRB Infra, Adani Ports

Stocks to watch today: Bajaj Finance said that new loans booked during Q3FY23 were the highest-ever at 7.8 million

Analysts see pressure on RIL, OMC's profitability amid firm oil prices

Their expectation is based on the recent action in October by the OPEC of cutting production by 2 million barrels per day. This suggests that the OPEC is looking to defend price, they said

BPCL, IOC face 200-DMA hurdle despite Brent Crude slipping to 7-mth low

Barring Indian Oil Corp, which gained over 4%, the other two oil marketing companies, BPCL and HPCL, trade with negative returns on YTD basis and have immensely underperformed benchmark indices

Oil hits $95: Buy paint, tyre stocks on dips, avoid aviation, say analysts

Oil prices climbed towards their highest levels in more than seven years on Monday on fears that a possible invasion of Ukraine by Russia could trigger sanctions (on the latter) from US and Europe

BPCL disinvestment gets going. Time to bet on OMCs? Here's what charts say

The formation of a "Death Cross" on BPCL has disrupted the upside bias lately. Here is how stocks of oil marketing companies look on the technical charts

BPCL surges 14% in 2 days as global oil giants show interest in company

As per media reports, Saudi Aramco,Rosneft, Exxon Mobil, ADNOC and one Indian private player will be participating in the bidding process for BPCL

BPCL, HPCL slip up to 5% as Cabinet relaxes fuel retailing norms

With this, new players in the fuel-marketing space like Total, Adani, and Saudi Aramco -- and even super markets -- can open outlets for selling automobile fuel.

Oil marketing firms close at lifetime highs

PVR, UltraTech Cement, Somany Ceramics, Dalmia Bharat, Bajaj Auto and Bajaj Finserv hit their respective record highs.