OMCs under pressure; HPCL, BPCL hit 52-week lows, IOCL slips 3% - Business Standard
6/14/2022 12:00:00 AM2 years 10 months ago
by SI Reporter
by SI Reporter
OMCs are likely to remain under pressure with the industry integrated gross margins trending towards zero despite the Russian discounted crude cushion said analysts
Shares of oil marketing companies (OMCs) were under pressure on Tuesday as Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL) hit their respective 52-week lows, while Indi… [+3400 chars]
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