{"id":649870,"date":"2025-10-24T10:54:50","date_gmt":"2025-10-24T05:24:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=649870"},"modified":"2025-10-24T10:54:50","modified_gmt":"2025-10-24T05:24:50","slug":"hpcl-bpcl-to-ioc-why-are-oil-stocks-under-pressure","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hpcl-bpcl-to-ioc-why-are-oil-stocks-under-pressure\/","title":{"rendered":"HPCL, BPCL to IOC: Why are oil stocks under pressure?"},"content":{"rendered":"<p>Shares of oil marketing companies (OMCs) such as Hindustan Petroleum Corporation Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL) and Indian Oil Corporation (IOC) declined up to 4% on Thursday amid a sharp rise in global crude oil prices. The Nifty Oil &amp; Gas index also fell nearly 0.5%.<\/p>\n<p>HPCL share price dropped as much as 4.06% to \u20b9437.00 apiece, while BPCL shares fell 2.66% to \u20b9330.00 apiece and Indian Oil stock price declined 2.58% to \u20b9150.05 apiece on the BSE. Mangalore Refinery and Petrochemicals (MRPL) shares also tumbled 4.02% to \u20b9144.40 apiece.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of oil marketing companies (OMCs) such as Hindustan Petroleum Corporation Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL) and Indian Oil Corporation (IOC) declined up to 4% on Thursday amid a sharp rise in global crude oil prices. The Nifty Oil &amp; Gas index also fell nearly 0.5%. HPCL share price dropped as much as 4.06% to \u20b9437.00 apiece, while BPCL shares fell 2.66% to \u20b9330.00 apiece and Indian Oil stock price declined 2.58% to \u20b9150.05 apiece on the BSE. Mangalore Refinery and Petrochemicals (MRPL) shares also tumbled 4.02% to \u20b9144.40 apiece.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-649870","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/649870","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=649870"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/649870\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=649870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=649870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=649870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}