Kanpur Stock:As the price of crude oil fell to $ 75 per barrel, the stock price of HPCL, BPCL and IOC rose 5%

As the price of crude oil fell to $ 75 per barrel, the stock price of HPCL, BPCL and IOC rose 5%

On Tuesday, as the price of Brent crude oil fell to $ 75/barrel, the stock price of the Petroleum Marketing Corporation (OMC) Indian Stan Petroleum Corporation (HPCL), the Ballat Petroleum Corporation (BPCL) and the Indian Petroleum Corporation (IOC) rose 5 5%.Kanpur Stock

HPCL’s stock price rose 5%. By the day, the high point was 426.30 rupees, and the stock price of BPCL rose 3.3%to 351.45 rupees.At the same time, IOC’s stock price rose 2.5%to 169.60 rupees.Surat Stock

At the opening of the market, Brent crude oil futures fell 2.26 US dollars, a decrease of 2.9%, to $ 75.20/barrel; the medium crude oil futures in West Dhargsas fell 2.19 US dollars, a drop of 3%to $ 71.64/barrel.Both the two benchmark stock indexes fell about 2%when they closed on Monday.

In the early morning of Asia on Tuesday, oil prices fell 2 US dollars, because OPEC lowered expectations for global oil demand growth in 2024 and 2025Bangalore Stock Exchange. At the same time, some media reports said that Israel is willing to fight Iran’s military goals, not nuclear or petroleum targets.

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