Shares of oil marketing firms get a snub as crude weakens

November 5, 2024

Indian Oil (IOC) fell the most at 4.14%, Hindustan Petroleum (HPCL) and Bharat Petroleum (BPCL) were down over 3% at close on Monday. Brent crude January Futures were up about 2% after OPEC+ announced a voluntary delay in increasing crude output for the month of December. It was already delayed in October due to falling prices.

More To Explore

SEBI gives power to executive directors, whole-time members on reduction, waiver of interest for unpaid penalty

SEBI has empowered panels of Executive Directors and Whole-time Members to waive or reduce interest in recovery cases under specific conditions. This excludes cases involving

January 10, 2025

Tech view: Nifty’s positive sentiment on verge of negation, crucial support at 23,500. How to trade on Monday

Nifty closed below key support at 23,500, signaling further downside risk. Analysts highlight bearish momentum, with potential declines toward 23,260 or lower. Immediate resistance lies

January 10, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003