{"id":563885,"date":"2023-03-20T11:48:25","date_gmt":"2023-03-20T06:18:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=563885"},"modified":"2023-03-20T13:32:51","modified_gmt":"2023-03-20T08:02:51","slug":"sectoral-spotlight-ioc-hpcl-may-gain-on-crude-oils-weakness","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sectoral-spotlight-ioc-hpcl-may-gain-on-crude-oils-weakness\/","title":{"rendered":"Sectoral Spotlight: IOC, HPCL may gain on crude oil&#8217;s weakness"},"content":{"rendered":"<p>The ongoing fall in crude oil prices has brought energy stocks back into the spotlight. Both benchmarks &#8212; Brent Crude and US WTI &#8212; have witnessed their biggest weekly fall since December. The current trends draw a negative outlook for black gold and market expert Anuj Gupta sees its positive impact on Oil Marketing Companies (OMCs) in the near to medium term. <\/p>\n<p>A lower crude oil price and a weaker Dollar augurs well for the OMCs and for the India economy, Gupta said adding that it could lower India&#8217;s Current Account Deficit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ongoing fall in crude oil prices has brought energy stocks back into the spotlight. Both benchmarks &#8212; Brent Crude and US WTI &#8212; have witnessed their biggest weekly fall since December. The current trends draw a negative outlook for black gold and market expert Anuj Gupta sees its positive impact on Oil Marketing Companies (OMCs) in the near to medium term. A lower crude oil price and a weaker Dollar augurs well for the OMCs and for the India economy, Gupta said adding that it could lower India&#8217;s Current Account Deficit.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-563885","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/563885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=563885"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/563885\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=563885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=563885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=563885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}