Oil prices fell sharply after the U.S. and Iran moved closer to a peace agreement, easing concerns over disruptions in the Strait of Hormuz. Shares of HPCL, IOC and BPCL are expected to remain in focus as lower crude prices could help improve refining margins and reduce pressure on oil marketing companies input costs.

Oil prices dipped to two-week lows as U.S.-Iran peace talks showed progress, potentially reopening the vital Strait of Hormuz. Despite optimism, significant hurdles remain, with…

Oil prices fell sharply after the U.S. and Iran moved closer to a peace agreement, easing concerns over disruptions in the Strait of Hormuz. Shares of HPCL, IOC and BPCL are…

HPCL shares rise nearly 6% as petrol and diesel prices increase for the fourth time in two weeks.