Reliance share price gains as Donald Trump announces $300 billion US oil refinery project backed by RIL

Reliance Industries share price gained over a percent in early trade on Wednesday after US President Donald Trump announced a plan to build a new oil refinery in Brownsville, Texas, with the help of investment from Reliance Industries Ltd. Reliance share price rose as much as 1.74% to ₹1,433.65 apiece on the BSE.

Trump said the US will get its first new oil refinery in 50 years with the help of investment from India’s Reliance Industries Ltd.

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