HPCL, BPCL Hit 52-Week Lows On Crude Oil Price Surge, IOC Falls 1% - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 5 September 2018

HPCL, BPCL Hit 52-Week Lows On Crude Oil Price Surge, IOC Falls 1%

Shares of oil marketing companies fell over a percent, with HPCL and BPCL hitting fresh 52-week lows, as crude oil prices move upwards. The Brent crude is hovering close to USD 80 per barrel and this has impacted sentiment among investors. The likes of HPCL, BPCL and IOC were all down 1 percent. Hindustan Petroleum Corporation was quoting at Rs 248.30, down Rs 1.75, or 0.70 percent, on the BSE. It touched a 52-week low of Rs 246.30.
Bharat Petroleum Corporation was quoting at Rs 348.95, down Rs 2.25, or 0.64 percent, on the BSE. The stock, too, touched a 52-week low of Rs 347.00. Indian Oil Corporation, on the other hand, was quoting at Rs 151.55, down Rs 1.00, or 0.66 percent, on the BSE. It touched an intraday high of Rs 153.00 and an intraday low of Rs 151.00. For more information Visit : www.dollaradvisory.com and Call : ✆ +91 9111179961

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