BSE Oil & Gas index has been one of the top-performing indices in 2024, up by more than 22 percent on a year-to-date basis. The BSE Oil & Gas index has displayed one of the best outperformances over BSE Sensex in six months since November 2023.ONGC shares are seen rallying on bourses on April 15, a weak market day where BSE Sensex is down by 500 points at 10.45 am. ONGC shares are up by 3.63  per...

Oil prices held steady in early trade on Wednesday after two straight days of losses, as worries about tighter supply due to uncertainty over Gaza ceasefire talks were offset by a bigger-than-expected build in U.S. crude inventories.Brent crude futures were flat at $89.42 per barrel at 0010 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 2 cents to $85.25.Hamas said on Tuesday tha...

Asian shares retreated on Friday as hawkish comments from some Federal Reserve officials and escalating geopolitical tensions put a dent in risk sentiment, while traders were also cautious ahead of U.S. jobs data due later in the day.The threat of supply disruptions owing to a prolonged conflict in the Middle East kept Brent futures above $90 a barrel - a level not seen since last October.Israel h...

High crude oil prices are a cause for concern, India's oil secretary says, As a consuming nation any increase in prices will cause concern and anxiety, Jain said at an industry event, referring to the "geopolitical premium" in crude prices.Rising crude oil prices are a cause for concern for the world's third-largest importer of the commodity, India's oil secretary Pankaj Jain said on Wednesday.As ...

Even when prospects for certain sectors are good, valuations have run ahead of fundamentals, analysts have said, Frontline indices the Sensex and the Nifty traded with sharp cuts on March 15, pulled down by oil & gas, auto, and PSU banking stocks and continued selling in mid and small caps as mutual fund started sharing the outcomes of the stress test.At 11.25 am, the 30-pack Sensex was down 563.6...