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HPCL, BPCL, other OMC shares fall up to 4.5% after crude surges; ONGC, Oil India rise up to 3%
Geopolitical concerns heightened after Iran said it will strike US bases in the Middle East if nuclear talks fail and conflict arises with Washington
OilPrice.com3h
Oil Prices Soar After Israel Attacks Iran's Nuclear Facilities
Israeli airstrikes on Iranian nuclear facilities immediately triggered a sharp reaction in global markets, sending oil, bonds, and gold rallying.
Oil Prices Surge and Stock Markets Stumble After Israel’s Attack
The military strikes jolted investors, raising concerns that a broader Mideast conflict would disrupt the world’s energy supplies.
Israel Strikes Iran: Oil spike to hit OMCs, airline, tyres, lubricant shares; 24,250 key support for Nifty
Crude oil prices spiked over 10 percent on June 13, marking their steepest weekly rise since 2022 as Israel conducted strikes on key Iranian installations.
OMCs, paint, tyre stocks fall; upstream oil mixed as oil price rise 13%
BPCL, HPCL, IOC, Asian Paints and other downstream oil companies' stock fell, while ONGC, Oil India rose after Brent crude oil spiked 13 per cent
Oil prices jumps 4% to 2-month high as tensions rise in Middle East
Oil prices rose more than 4% on Wednesday, to their highest in more than two months, after sources said the U.S. was preparing to evacuate its Iraqi embassy due to heightened security concerns in the Middle East.
ASX to rise, Wall St edges up, oil edges lower
Australian shares are set to open higher, tracking modestly positive sentiment in New York. US PPI data affirms muted inflation for now. Follow live.
The Financial Express20h
Crude Oil prices rise by Rs 57 per barrel, share of major petroleum companies sees a dip
Crude oil prices on Thursday rose Rs 57 to Rs 5,788 per barrel in futures trade as participants increased their positions following a firm spot demand. On the Multi Commodity Exchange, crude oil for July delivery traded higher by Rs 57 or 0.
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