{"id":280752,"date":"2026-09-30T12:28:16","date_gmt":"2026-09-30T06:58:16","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=280752"},"modified":"2026-09-30T12:28:16","modified_gmt":"2026-09-30T06:58:16","slug":"omc-stocks-ioc-hpcl-bpcl-rise-crude-pullback","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/omc-stocks-ioc-hpcl-bpcl-rise-crude-pullback\/","title":{"rendered":"OMC Stocks Rally Up to 3.5%: Why IOC, HPCL and BPCL Are Rising as Brent Crude Pulls Back"},"content":{"rendered":"

IOC Rs 135.16, up 2.9%. BPCL Rs 305.15, up 1.9%. HPCL Rs 355.90, up 1.9% (30 Sep, 12:23 PM). GAIL, Petronet LNG, IGL up over 1%. Brent crude pulls back.<\/em><\/p>\n

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OMC stocks rallied on 30 September 2026, with IOC rising up to 3.55%, BPCL up to 2.97% and HPCL up to 2.35%, as Brent crude pulled back sharply. Crude eased as exports from the Middle East began to recover, calming immediate supply worries after oil moved above USD 100 per barrel earlier this week. Lower crude cuts raw material costs for oil marketing companies, which helps their margins. Gas stocks such as GAIL, Petronet LNG and Indraprastha Gas also gained.<\/p>\n<\/div>\n

OMC stocks were among the top gainers on Wednesday. Indian Oil Corporation climbed as much as 3.55% to Rs 135.99 on the NSE, Bharat Petroleum rose up to 2.97% to Rs 308.25 and Hindustan Petroleum gained up to 2.35% to Rs 357.40. Around 12:23 PM, all three were still up close to 2% or more.<\/p>\n

The buying spread across the energy space. GAIL rose 1.53%, Petronet LNG gained 1.59%, Indraprastha Gas added 1.39% and Reliance Industries was up 0.81%. The moves came while the Nifty 50 traded broadly flat.<\/p>\n

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