Market News

$200 crude oil scenario: How Reliance Industries, ONGC & OMCs stack up

Global oil prices are soaring, threatening India's import-reliant economy. A potential $200 per barrel scenario looms, impacting refiners and oil marketing companies severely. While Reliance Industries shows resilience, upstream players like ONGC face price caps. Gas companies grapple with supply route disruptions, potentially affecting industrial users and CNG availability.