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MINT - MARKETS · INDIAN ·

OMC stocks rally up to 5.5% as crude oil crashes on US-Iran peace deal; Brent hits 3-month low

As reported by mint - markets
Oil marketing companies BPCL, HPCL, and IOC saw shares rise up to 5% on June 15, boosted by falling crude oil prices following a US-Iran peace agreement. Lower crude costs enhance profitability and reduce operational expenses for these firms.
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