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Oil marketing firms Indian Oil Corp, HPCL and BPCL may remain in focus, as crude oil prices continued their slide on Friday, pushing the prices to near three-month lows. Brent crude was hovering around $42.71 a barrel on London’s ICE Futures exchange, while WTI crude at NYMEX was quoting at $40.74 a barrel. Shares of upstream companies, such as ONGC and Oil India may also come under pressure, as they could see a hit on their refining margins.
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