Oil stocks were up in trade on Tuesday (May 19, 2020) after crude has been gaining ground for fourth straight sessions as producers show their commitment in cutting output just as there has been seen an uptick in demand as more and more economies gradually open up after coronavirus-led lockdowns.
Oil Stocks Gain As Crude Jumps To 2-Month High; ONGC Up 7%
Oil markets are also upbeat on the positive vaccine result which is expected to fuel global economic recovery from the coronavirus-led slowdown. In today's session oil soared to a 2-month high price.
And on the back of gains in oil price, the stock of ONGC rose close to 8% to day's high price of Rs. 78.65 per share on the BSE.
Stocks like Petronet LNG were up 4.7% and Oil India jumped up to 6.5% on the BSE. Indian Oil Corporation, Hindustan Petroleum and Gujarat State Petroleum Corporation (GSPL) also gained up to 2.6%
GoodReturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google