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Any correction in oil marketing companies could be a buying opportunity

Trends in the global energy markets are crucial if India's growth outlook is to remain healthy. Photograph: Dado Ruvic/Reuters Prices for the Indian crude basket were averaging around $86.2 per......

Brokerages raise targets on RIL stock post Q4

The bullish outlook stems from Reliance Jio's potential tariff hikes, given the competitive landscape, along with slow but steady improvement in the oil-to-chemical (O2C) vertical Photograph: ANI......

Street remains optimistic about further gains in OMCs

After a spike in crude oil and gas prices in October following the Hamas terror attack, prices eased down 9 per cent month-on-month in November. Photograph: Francis Mascarenhas/Reuters The......

ONGC, Oil India stocks appear undervalued

Crude and gas supply concerns have eased amid reports that Israel and Hamas have struck a peace deal. Photograph: Amit Dave/Reuters The International Energy Agency estimates oil demand may drop......

An arduous second half awaits oil marketing firms

The medium-term scenario for oil marketing companies (OMCs) is high risk due to the surging crude and gas prices. Photograph: Francis Mascarenhas/Reuters Apart from OPEC-plus cutting production,......

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