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Shares of ONGC, RIL plunge while HPCL, BPCL gain
March 9, 2020 | By The Times of India
business
Shares of Reliance dive 12% over concern that lower oil prices could affect a proposed deal with Saudi Aramco thats critical for reducing Mukesh Ambani-owned cos debt
:
Mumbai: The slump in oil prices on Monday precipitated by the price war between Saudi Arabia and Russia saw shares of Indian oil explorers plummeting. Oil and Natural Gas Corporation (ONGC) dropped 16% and Oil India declined 10.7% on Monday as lower crude pri
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