BusinessPhoto: Mint MarketsExperts Advise Shift to Oil Exploration Stocks as $110 Oil Price Becomes Normal
With crude oil prices stabilizing around $110 per barrel due to the prolonged US-Iran conflict and Strait of Hormuz closure, experts recommend investors focus on oil exploration companies like ONGC and IOCL rather than oil marketing firms such as HPCL and BPCL. The price gap between crude and diesel benefits exploration firms amid supply disruptions, making them better positioned in the current market scenario.
Mint Markets·




