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Sectoral Spotlight: IOC, HPCL may gain on crude oil's weakness

Sectoral Spotlight: IOC, HPCL may gain on crude oil's weakness https://ift.tt/6Fjz97I movement in crude oil prices also has a bearing on the upstream companies line Reliance Industries Limited, Oil & Natural Gas Corporation Limited. Gupta said that a rising price trend is beneficial for these companies and they gain from unsold inventory as margins go up.
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