New Delhi, April 28 -- Stocks of oil marketing companies (OMCs) such as Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL), and Indian Oil Corporation Limited (IOC) declined by up to 2% in Tuesday's trading session, tracking a sharp rise in global crude oil prices.

BPCL shares fell 2.11% to Rs.306.20 apiece, while HPCL and IOC slipped around 0.77% and 0.64%, respectively. Over the past week, OMC stocks have lost roughly 2-3% each as crude prices have remained elevated above the $100-per-barrel mark.

Brent crude futures for June delivery rose by 45 cents (0.4%) to $108.68 per barrel, extending its winning run to the seventh session.

On the other hand, Oil and Natural Gas Corporation (ONGC) share ...