Home  >>  News  >>  Oil and Gas Stocks Surge Amid Cooling Tensions
Oil and Gas Stocks Surge Amid Cooling Tensions

Oil and Gas Stocks Surge Amid Cooling Tensions

Oil and gas stocks experienced a surge in investor interest after easing tensions in the Middle East led to a drop in crude prices. U.S. President Trump hinted at a ceasefire between Israel and Iran, raising hopes for stability. Indian oil marketing companies like Indian Oil, Bharat Petroleum, and Hindustan Petroleum faced selling pressure due to rising crude prices, while upstream companies like ONGC and Oil India saw their stock values climb. Analysts suggest that higher crude prices benefit exploration companies, making them a favorable investment option for better earnings.

Trending News