{"id":439679,"date":"2021-10-04T08:58:12","date_gmt":"2021-10-04T03:28:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=439679"},"modified":"2021-10-04T09:33:16","modified_gmt":"2021-10-04T04:03:16","slug":"oil-india-hits-31-month-high-ongc-at-52-week-high-on-gas-price-hike","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-india-hits-31-month-high-ongc-at-52-week-high-on-gas-price-hike\/","title":{"rendered":"Oil India hits 31-month high; ONGC at 52-week high on gas price hike"},"content":{"rendered":"<p>Shares of oil exploration &amp; production (E&amp;P) companies continued their north-bound journey, gaining by up to 3 per cent on the BSE in Friday\u2019s intra-day trade in an otherwise weak market on the back of 62 per cent hike in domestic natural gas prices.<\/p>\n<p>The price of domestic-produced natural gas has been hiked to $2.9 per million British thermal units (mBtu) for the October 2021-March 2022 period on Thursday. The ceiling price of natural gas produced from deepwater, ultra-deepwater, and high pressure-high temperature (collectively called difficult) discoveries has also been hiked to $6.13 per mBtu. The hikes follow a firming up of gas prices on global benchmarks that dictate domestic rates, the Business Standard reported.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of oil exploration &amp; production (E&amp;P) companies continued their north-bound journey, gaining by up to 3 per cent on the BSE in Friday\u2019s intra-day trade in an otherwise weak market on the back of 62 per cent hike in domestic natural gas prices. The price of domestic-produced natural gas has been hiked to $2.9 per million British thermal units (mBtu) for the October 2021-March 2022 period on Thursday. The ceiling price of natural gas produced from deepwater, ultra-deepwater, and high pressure-high temperature (collectively called difficult) discoveries has also been hiked to $6.13 per mBtu. The hikes follow a firming [&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-439679","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\/439679","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=439679"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/439679\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=439679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=439679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=439679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}