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Shares of three public sector oil marketing companies - HPCL, BPCL and Indian Oil - will see buying interest, as the price of crude oil begins to decline again. While the WTI crude oil is hovering at around $57 a barrel, Brent crude dipped almost to $61. With OPEC pledging to maintain current output, chances of oil price climbing now looks very weak. With OMCs maintaining prices, they stand to gain from the sharp fall in cruce price.
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