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Should you invest in HPCL, BPCL, IOCL and other OMC stocks now as oil not on the boil anymore; slips below $90/barrel

Should you invest in HPCL, BPCL, IOCL and other OMC stocks now as oil not on the boil anymore; slips below $90/barrel

Shares of Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL), and Indian Oil Corporation Limited (IOC) have gained between 10% and 13.5% in November, benefiting from expectations of lower crude procurement costs and improved marketing margins following a correction in crude prices.

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