 "Saudi Arabia launched an all-out oil war on Sunday with the biggest cut in its prices in the last 20 years")
Oil marketing companies, and paint stocks including Hindustan petroleum, and Berger Paints were trading higher in an otherwise weak market after oil prices crashed to a 20-year low of around $33 per barrel-mark. Brent Crude Futures tanked on Monday after top exporter Saudi Arabia launched a price war in response to a failure by leading producers to strike a deal to support energy markets.
At 9:38 am, Brent Crude Futures were at $32.27/bbl, down 13 cents or 28.72 per cent, US WTI, on the other hand, was at $28.45/bbl-mark, down 12.83 cents or 31 per cent.
At the bourses, OMC
