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BSE Oil and Gas Index declines; BPCL drops 2.5%

Brent crude futures for July series were trading 1.6% higher at $76.66 a barrel.

BSE Oil and Gas Index declined nearly 1% in today’s trade. President Donald Trump said the U.S. will withdraw from the landmark 2015 accord to curb Iran’s nuclear program and reinstate financial sanctions on the Islamic Republic, opening an uncertain new chapter for the Middle East, as per media reports.

Brent crude futures for July series were trading 1.6% higher at $76.66 a barrel.

Hindustan Petroleum Corporation Ltd is currently trading at Rs301.30 down by Rs5.65 or 1.84% from its previous closing of Rs306.95 on the BSE. The scrip opened at Rs298.10 and has touched a high and low of Rs302.25 and Rs290.45 respectively.

Bharat Petroleum Corporation Ltd is currently trading at Rs382 down by Rs10.8 or 2.75% from its previous closing of Rs392.80 on the BSE. The scrip opened at Rs382.45 and has touched a high and low of Rs384 and Rs378 respectively.

Indian Oil Corporation Ltd is currently trading at Rs163.65 down by Rs2.95 or 1.77% from its previous closing of Rs166.60 on the BSE. The scrip opened at Rs162.40 and has touched a high and low of Rs164.30 and Rs160.80 respectively.