New Delhi, Feb. 19 -- Shares of oil marketing companies (OMCs) fell up to 3% on Thursday, February 19.

The three state-run OMCs-Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOC) -saw a retreat in their share prices, giving up recent gains, as the rebound in global crude prices weighed on investor sentiment amid concerns over potential pressure on marketing margins.

BPCL share price dropped as much as 3% to Rs.370.80 apiece, while HPCL fell 2.75% to Rs.444.40 and IOC stock slipped as much as 2% to Rs.175.24 apiece.

Crude oil prices staged a strong comeback in the previous session, with WTI crude futures rising 4.60% to $65.19 per barrel, while Brent crude futures also climbed 4....