IOC Surges On Acquiring AbuDhabi Onshore Block

Indian Oil Corporation Limited (IOC) announced in an exchange filing on Monday that it has acquired the Abu Dhabi Onshore block-1. Accordingly, Indian Oil Corporation along with Bharat Petro Resources (BPRL), which is a subsidiary of Bharat Petroleum Corp (BPCL) Read more

Latest updates on Oil Markets Today

Crude Oil prices went down from 2019-highs on Wednesday. US WTI crude oil futures were at USD55.84 p/b down 0.5pc, from their last settlement while Brent crude futures were down 0.4-pc  at USD66.18 p/b and WTI hit a 2019-high of Read more

Brent Crude oil falls, Aviation, OMC stocks gain

Hindustan Petroleum Corp (HPCL) was quoting at Rs 247.15, up 1.60 percent, Bharat Petroleum Corp (BPCL) was quoting at Rs 331.20, up 2.57 percent.

Fall in Crude Oil prices impacts OMC, Airlines stocks

The fall in oil prices attributes to Saudi Arabia’s promise to meet increasing demand as well as reports on surprising growth in U.S crude oil inventories a week ago.