Monday 18 May 2015

OMCs jump on hike in fuel prices

According to media reports, the OMCs have increased the retail price of petrol by Rs 3.13 per litre and diesel by Rs 2.71 per litre, citing sharp increase in international prices. 

BPCL
Shares of oil state-run oil marketing companies (OMCs) are trading on a positive note this morning on the back of fresh hike in fuel prices.

According to media reports, the OMCs have increased the retail price of petrol by Rs 3.13 per litre and diesel by Rs 2.71 per litre, citing sharp increase in international prices.

HPCL has spurted over 2.5 percent to Rs. 619. BPCL and Indian Oil too have jumped 2 percent each to Rs. 781 and Rs. 343, respectively.

Meanwhile, the Sensex has added 86 points to 27,410.

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