Moneycontrol
Last Updated : Nov 07, 2018 05:55 PM IST | Source: Moneycontrol.com

OMC stocks gain 2% as crude oil trades around $73/bbl

In the global market, oil prices rebounded towards USD 73 after hitting a lowest level since August,

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Shares of oil marketing companies (OMCs) rose up to 2 percent on the Muhurat trading day as crude oil prices are trading around USD 73 per barrel.

In the global market, oil prices rebounded towards USD 73 after hitting a lowest level since August,

Brent crude rose USD 1.15 to USD 73.35 a barrel after hitting lowest level of USD 71.18 in the previous session since August 16.

Bharat Petroleum Corporation (BPCL) was quoting at Rs 289.70, up 1.61 percent, Hindustan Petroleum Corporation (HPCL) was quoting at Rs 230.35, up 1.88 percent and Indian Oil Corporation (IOC) was quoting at Rs 139.40, up 1.83 percent on the BSE.
First Published on Nov 7, 2018 05:55 pm
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