{"id":389240,"date":"2020-12-14T08:32:08","date_gmt":"2020-12-14T03:02:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=389240"},"modified":"2020-12-14T09:22:51","modified_gmt":"2020-12-14T03:52:51","slug":"oil-gas-shares-in-focus-ongc-oil-india-gail-rally-up-to-10","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-gas-shares-in-focus-ongc-oil-india-gail-rally-up-to-10\/","title":{"rendered":"Oil &amp; Gas shares in focus; ONGC, Oil India, Gail rally up to 10%"},"content":{"rendered":"<p>Shares of state-owned oil &amp; gas companies rallied up to 10 per cent on the BSE in the intra-day trade on Friday as crude oil prices extended their northward journey. On Thursday, Brent crude price crossed $50 per barrel-mark for the first time since March on demand recovery and hopes of Covid-19 vaccine. <\/p>\n<p>Among individual stocks, ONGC rallied 10 per cent to Rs 101 in the intra-day trade amid reports that Morgan Stanley has upgraded the stock, citing a higher probability of recovery in average selling prices and improved outlook on domestic production. <\/p>\n<p>The stock of oil &amp; exploration company crossed the three-digit mark for the first time since February 2020. In the past one month, it has rallied 40 per cent as compared to a 6-per cent rise in the S&amp;P BSE Sensex.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of state-owned oil &amp; gas companies rallied up to 10 per cent on the BSE in the intra-day trade on Friday as crude oil prices extended their northward journey. On Thursday, Brent crude price crossed $50 per barrel-mark for the first time since March on demand recovery and hopes of Covid-19 vaccine. Among individual stocks, ONGC rallied 10 per cent to Rs 101 in the intra-day trade amid reports that Morgan Stanley has upgraded the stock, citing a higher probability of recovery in average selling prices and improved outlook on domestic production. The stock of oil &amp; exploration company [&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-389240","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\/389240","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=389240"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/389240\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=389240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=389240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=389240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}