Latest news with #OILIndia
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Business Standard
a day ago
- Business
- Business Standard
How to trade HPCL, BPCL, ONGC as Crude Oil boils to 5-month high at $77/bbl
Technical chart shows that this oil-related India-listed stock - OIL India - can potentially rally up to 27% from here on as Crude Oil soars on Israel-Iran war fears. Rex Cano Mumbai Listen to This Article Shares of Crude oil-related companies were in focus on Friday following a near 12 per cent surge in the US WTI Crude Oil futures after Israel launched a pre-emptive strike on Iran. Israel's Defense Minister Israel Katz said on Friday that Israel launched a "pre-emptive strike" on Iran. According to reports, Israel launched an attack on nuclear sites in Iran, killing some of the top military officials and scientists. In response to the attack, Iran's Supreme Leader Ayatollah Ali Khamenei has warned that Israel will face "a severe punishment". READ MORE Reports suggested that the
Mint
a day ago
- Business
- Mint
ONGC, OIL India share prices rise up to 4% as Israel-Iran Conflict flares up crude prices further
Stock Market Today: ONGC, OIL India share prices gained up to 4% amidst rising crude price led by Israel-Iran Conflict. The ONGC share price was the largest gainer among Nifty-50 stocks despite stock market crash and benchmark Nifty declining more than 1%. These upstream Oil producers stand among beneficiaries of rising crude prices. The rise in crude prices can help improve realisations for these Oil producers though rise in crude prices may not be favorable for may others.
