#OMC Stocks Up 20-30% in One Month. Here’s Why | News9

Oil prices rose slightly in Asian trade on Friday as traders remained on edge over a delay in an OPEC meeting, although expectations of more supply cuts by the cartel put prices on course to break a four-week losing streak. The global shift in crude prices have impacted Indian downstream and upstream oil company stocks differently. Over the last month there have been steady gains across the board with respect to downstream company stocks. Upstream oil stocks have largely witnessed a downward momentum on the contrary. Mr Kranti Bathini discusses the near and long term outlook on Indian oil stocks. .............................................................................................. News9 is India’s first fully integrated English news brand across all digital platforms. It includes a publishing platform, viz. , a future-ready OTT platform, News9 Plus, and a 24-Hour video streaming service on connected TVs and all social platforms. It’s the English news brand t