Oil Prices Surge: How Indian companies from OMCs to paint, tyre and aviation stocks get impacted
Crude oil prices are showing no signs of letting off. After the biggest weekly gain on record for US crude last week, prices are up by nearly 30% on Monday, nearing the mark of $120 per barrel. The oil prices rising are a major negative for Indian markets, considering its net importer status. Here's how companies in India get impacted due to the higher oil prices.
Crude oil prices are showing no signs of letting off. After the biggest weekly gain on record for US crude last week, prices are up by nearly 30% on Monday, nearing the mark of $120 per barrel. The oil prices rising are a major negative for Indian markets, considering its net importer status. Here's how companies in India get impacted due to the higher oil prices.
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