Oil India and ONGC Shares Fall Up to 5% as Crude Extends Decline
Shares of Oil India, ONGC and other upstream oil companies fell up to 5% as crude prices declined for a fourth consecutive session.
Shares of Oil India, ONGC and other upstream oil companies fell up to 5 per cent on Thursday as crude oil prices extended their decline for the fourth consecutive session.Upstream companies, which are engaged in the exploration and production of crude oil, tend to benefit from higher oil prices as…