ALSO READAban Offshore's receivables from Iran dip $36 mn after lifting of sanctions Oil exploration stocks surge; Jindal Drilling, Dolphin Offshore up over 10% ONGC Q4 net falls 6% to Rs 4,340 cr on higher expenses India-focussed offshore funds, ETFs mop up $2.6 billion in Q1 ONGC, Oil India trade firm on rising crude oil prices
Dolphin Offshore Enterprises, Aban Offshore, Selan Exploration Technology, Hindustan Oil Exploration Company and Jindal Drilling were up between 5% and 11% on BSE. Oil and Natural Gas Corporation (ONGC) and Oil India up 2% each, as compared to 0.12% decline in the S&P BSE Sensex at 09:27 AM.
The November Brent crude futures contract settled up$2.16, or 3.8 percent, at $59.02 a barrel, its highest since July, 2015. US West Texas Intermediate crude for November delivery rose $1.56, or 3 percent, to settle at $52.22 a barrel, the highest since April, the Reuters report suggested.
|SELAN EXPL. TECH||190.20||180.20||5.6|
|O N G C||168.15||164.45||2.3|