BusinessPhoto: Mint MarketsBPCL, HPCL, IOCL Shares Fall Amid Brent Crude at $114
Indian OMC stocks BPCL, HPCL, and IOCL fell over 2% due to rising crude oil prices amid supply disruption fears after attacks on Saudi Arabia. Brent crude reached $114 per barrel, pressuring these companies' balance sheets. Experts advise investors to avoid panic selling, expecting a quick recovery once Middle East tensions ease. Weakening rupee and fuel price lag also impact stocks.
Mint Markets·


