Reliance, ONGC, OMC shares in focus as Iran war ceasefire sends oil prices tanking 15%. What’s next for in
Oil stocks like Reliance, HPCL, IOCL, and BPCL are in focus as crude prices plunged nearly 15% following a U.S.-Iran ceasefire announcement. This development significantly reduces input costs for downstream companies. However, upstream oil producers face a negative impact from lower prices.
Oil stocks like Reliance, HPCL, IOCL, and BPCL are in focus as crude prices plunged nearly 15% following a U.S.-Iran ceasefire announcement. This development significantly reduces input costs for downstream companies. However, upstream oil producers face a negative impact from lower prices.
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