Economy · India
Oil Prices Diverge: ONGC, Oil India Rise Amid Global Crude Surge
Global crude oil prices have seen a surge, leading to an increase in the share prices of ONGC and Oil India. In contrast, state-owned fuel retailers HPCL, BPCL, and IOC experienced a decline in their share values. This comes as neighboring countries like Pakistan and Nepal have reduced their fuel prices, raising questions about why Indian prices remain high.
How outlets across the spectrum covered it
Left 0 · Centre 5 · Right 0 n = 5
- Centre (5 votes, 6 outlets): Hindustan (Hindi) · Hindustan Times (HT Media — 1 vote), NDTV, Patrika, The Free Press Journal, The Times of India