HPCL, BPCL and IOC shares fall as Brent tops $104
Shares in state-run oil marketing companies HPCL, BPCL and IOC fell, with Brent crude moving above $104 amid Gulf supply risks.
Shares of major public sector oil marketing companies came under selling pressure on Thursday as investors weighed the impact of higher crude costs on margins. Brent crude rose above the USD 104-a-barrel mark.