ONGC is rallying like it’s 2013 as surging oil prices boost outlook

February 24, 2021adminLeave a Comment

MUMBAI: The Oil & Natural Gas Corp stock is on course to register its best monthly performance since the January of 2013, and if global oil prices are any indication, it may just have taken off Shares of the state-owned oil producer have rallied nearly 21 per cent so far in February and 64 per […]

View: Oil price targets would make a far better goal

February 14, 2021adminLeave a Comment

By Julian Lee If you can’t hit the target, bring it closer. That seems to be the policy adopted by the OPEC+ alliance of oil producers as they make the world’s biggest-ever output cuts in an attempt to shore up oil prices. After a meeting in January, the group’s co-leader, Saudi Arabia’s oil minister, Prince […]