{"id":347880,"date":"2020-04-22T10:24:04","date_gmt":"2020-04-22T04:54:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=347880"},"modified":"2020-04-22T10:51:08","modified_gmt":"2020-04-22T05:21:08","slug":"oil-gas-stocks-tumble-as-us-oil-price-collapses-ongc-declines-over-6","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-gas-stocks-tumble-as-us-oil-price-collapses-ongc-declines-over-6\/","title":{"rendered":"Oil &amp; gas stocks tumble as US oil price collapses; ONGC declines over 6%"},"content":{"rendered":"<p>Shares of oil and gas companies slipped on Tuesday, a day after the US crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut, ending the day at a stunning minus $37.63 a barrel as desperate traders paid to get rid of oil. <\/p>\n<p>At 09:22 am, the S&amp;P BSE OIL &amp; GAS index was trading over 3 per cent lower at 10,984 levels whereas the benchmark S&amp;P BSE Sensex was down nearly 3 per cent at 30,732.60 levels. <\/p>\n<p>Among individual stocks, Oil and Natural Gas Corporation (ONGC) was trading over 6 per cent lower at Rs 69.45 apiece and was the biggest loser on the Oil &amp; Gas index. Next on the list were GAIL (down around 5 per cent),<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of oil and gas companies slipped on Tuesday, a day after the US crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut, ending the day at a stunning minus $37.63 a barrel as desperate traders paid to get rid of oil. At 09:22 am, the S&amp;P BSE OIL &amp; GAS index was trading over 3 per cent lower at 10,984 levels whereas the benchmark S&amp;P BSE Sensex was down nearly 3 per cent at 30,732.60 levels. Among individual stocks, Oil and Natural Gas Corporation (ONGC) was trading over 6 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-347880","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/347880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=347880"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/347880\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=347880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=347880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=347880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}