Oil Stocks

Higher crude oil prices threaten margins for oil marketing companies

Oil India, ONGC, others fall up to 5% as oil falls on larger-than-expected OPEC+ output hike

OPEC+ announced over the weekend its plan to hike production by 5.48 lakh barrels per day (bpd) in August, which is significantly higher than the 4.11 lakh bpd monthly increase in output approved by the organization for May, June and July.

Asian Paints, IOC shares rise as larger-than-expected OPEC+ oil output hike lowers raw material cost

OPEC+ has agreed to hike oil production by 5.48 lakh barrels per day (bpd) in August. This is significantly higher than the 4.11 lakh bpd monthly increase in output approved for the months of May, June and July.

HPCL, BPCL, IOC shares gain up to 2% as Brent crude drops below $74 per barrel

OMC stocks: The stocks snapped their two-day losing streak, which was earlier triggered by rising geopolitical tensions in the oil-rich Middle East.

RIL shares hit 8-month high, BPCL, HPCL, Oil India jump up to 4% on multiple triggers

Oil & Gas Stocks: Oil India shares jumped nearly 3% after Avendus Spark initiated a 'Buy' call, with a target price of Rs 630 per share. This implies a strong upside potential of over 44% from previous closing price.

Gainers & Losers: Top stocks that moved the most on September 10

Most sectors ended in the green, barring oil and gas, with information technology taking the lead, followed by pharma. The Nifty IT index surged nearly 2 percent while Nifty Pharma was up over 1 percent.

Can oil marketing stocks run up further?

Oil marketing companies could soon face a double whammy with rising oil prices and falling finished goods prices 

Stock Market LIVE: What to do with city gas distribution stocks? | Markets with Santo & CJ

City gas distribution companies are under pressure but Santo believes that the worst is likely over for the sector. CJ, on the other hand, believes the worst is yet to come. Watch as the duo debates the prospects of Mahanagar Gas and Indraprastha Gas, plus share their thoughts on BLS International and Steel Strip Wheels.

Why One CIO Is Waiting for ‘a Solid Panic’ in the Stock Market

Victoria Greene, founding partner and chief investment officer at G Squared Private Wealth, talks about why she doesn’t think the selling is over, and her perspective on the outlook for oil and energy stocks.

Want a greener world? Don’t dump oil stocks

Research shows that British local government pension funds have almost £10bn invested in “climate wrecking companies”

Six in Sixty: Stocks you should keep on your radar

CNBC-TV18's Ekta Batra lists out stocks that you should focus on - Tata Power, Vedanta, Ultratech, SBI, M&M, and oil stocks.

Biggest 2016 risk may be the one just behind us: oil

Financial markets have been living with the consequences of the energy deflation since mid-2014, and the fallout has been pervasive. The idea of another shock of that magnitude is unnerving to say the least.

Oil prices fall close to four- month lows on China

Both the dollar and euro held steady in early Asian trade after the dollar index slipped 0.7 percent in the previous session. The euro surged to a two-week high overnight, which had helped to support oil prices.

Buy oil stocks, says Ajay Srivastava

Buy oil stocks, says Ajay Srivastava, CEO - Dimensions Consulting Pvt Ltd.

US, Britain to agree emergency oil stocks release

Britain has decided to cooperate with the United States in a bilateral agreement to release strategic oil stocks, two British sources said.

ONGC & RIL bailed out market that closed tepid below 5400

The market started strong today, but closed on a tepid note below 5400. It was ONGC and Reliance, the two big oil stocks that bailed the index out today, says Udayan Mukherjee, managing editor, CNBC-TV18.

World Oil demand to hit record, OPEC boosts output: IEA

Rising OPEC production and comfortable oil stocks in developed economies should limit a further spike in oil prices despite demand hitting an all-time high this year, the West's energy watchdog said on Thursday.