New Delhi, Nov. 2 -- Amid crude oil prices sustaining at elevated levels and $110/bbl becoming the new normal for the most-traded commodity on the MCX, stock investors are advised to devise their strategy and zero in on oil stocks that will be less affected by the change in the normal crude oil price due to the prolonged US-Iran war and closure of the Strait of Hormuz.

According to stock market investors, stock investors need to shift focus from oil marketing companies to oil exploration companies, because Oil Exploration and Production (E&P) companies are getting the benefit of the rise in the crude oil and diesel oil price gap in the international market due to the disruption in crude oil supply post-US-Iran war.

Decoding the new crud...