{"id":436247,"date":"2021-09-16T08:42:16","date_gmt":"2021-09-16T03:12:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=436247"},"modified":"2021-09-16T09:44:48","modified_gmt":"2021-09-16T04:14:48","slug":"ongc-hits-52-week-high-oil-india-soars-5-amid-jump-in-crude-oil-prices","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-hits-52-week-high-oil-india-soars-5-amid-jump-in-crude-oil-prices\/","title":{"rendered":"ONGC hits 52-week high, Oil India soars 5% amid jump in crude oil prices"},"content":{"rendered":"<p>Shares of state-owned oil exploration &amp; production companies Oil Natural Gas Corporation (ONGC) and Oil India rallied 5 per cent each on the bourses on higher crude oil prices.<\/p>\n<p>ONGC was up 5 per cent at Rs 130 in the intra-day trade, surpassing its previous high of Rs 128.45 touched on 15 June, 2021. Oil India, meanwhile, hit a fresh 52-week high at Rs 208.80, and has gained 5 per cent on the BSE. In comparison, the S&amp;P BSE Sensex was up mere 0.20 per cent at 58,364 points at 09:49 am. <\/p>\n<p>Oil prices climbed on Wednesday after industry data showed a larger than expected drawdown in crude oil stocks in the United States, the world&#8217;s largest oil consumer, and on expectations that demand will recover as vaccine roll-outs widen, a Reuters report said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of state-owned oil exploration &amp; production companies Oil Natural Gas Corporation (ONGC) and Oil India rallied 5 per cent each on the bourses on higher crude oil prices. ONGC was up 5 per cent at Rs 130 in the intra-day trade, surpassing its previous high of Rs 128.45 touched on 15 June, 2021. Oil India, meanwhile, hit a fresh 52-week high at Rs 208.80, and has gained 5 per cent on the BSE. In comparison, the S&amp;P BSE Sensex was up mere 0.20 per cent at 58,364 points at 09:49 am. Oil prices climbed on Wednesday after industry data [&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-436247","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\/436247","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=436247"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/436247\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=436247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=436247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=436247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}