Stock Market Today, March 14 -- Bharat Petroleum Corporation (BPCL), Hindustan Petroleum Corporation (HPCL), and Indian Oil Corporation (IOCL) remain in a sweet spot as declining crude prices, coupled with expected improvement in refining outlook, bode well for their earnings.

The same is being reflected in HPCL, BPCL, and IOCL share prices that have risen 1-4.5% during the last one month, outperforming the benchmark Nifty-50 index that has corrected 2.75% during the period.

Brent crude prices, after rising to the highs of $81-82 a barrel by mid-January, have cooled down lately to sub-$70/barrel level.

Softer crude prices bode well for the marketing margins outlook of oil marketing companies, thereby supporting BPCL, HPCL and IOCL shar...