Shares of oil exploration, equipment and services companies were trading higher on the bourses by up to 7% in otherwise subdued market as Brent crude oil prices near 2015 high after North Sea pipeline shutdown.
Aban Offshore, Dolphin Offshore Enterprises, Selan Exploration Technology, Hindustan Oil Exploration Company and Jindal Drilling & Industries were up between 3% and 6% on BSE. Oil and Natural Gas Corporation (ONGC) and Oil India too trading higher in the range of 1% to 2%, as compared to 0.28% decline in the S&P BSE Sensex at 10:10 AM.
Brent crude oil prices were near
Aban Offshore, Dolphin Offshore Enterprises, Selan Exploration Technology, Hindustan Oil Exploration Company and Jindal Drilling & Industries were up between 3% and 6% on BSE. Oil and Natural Gas Corporation (ONGC) and Oil India too trading higher in the range of 1% to 2%, as compared to 0.28% decline in the S&P BSE Sensex at 10:10 AM.
Brent crude oil prices were near
