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Oil refiners gain as Brent slips below $114

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Reuters

Reuters Market Eye - India's oil retailers surge after Brent crude falls below $114 a barrel on Tuesday, as data showing near-record high oil exports from Iraq indicated supplies remained unaffected by the escalating violence at OPEC's No. 2 producer.

Bharat Petroleum Corp rises 2.7 percent, Hindustan Petroleum Corp surges 4.8 percent and Indian Oil Corp is up 3.3 percent.

(Reporting by Abhishek Vishnoi)

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First Published: Jun 24 2014 | 2:26 PM IST

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