Venezuela crisis fueling Indian oil stocks! RIL hits 52-week high; ONGC up 1% — Here’s why – The Times of India
Oil and energy firm shares began the week in green amid ongoing geopolitical concerns in surrounding South American oil producing nation, Venezuela. Reliance Industries Limited (RIL) soared 1% to its 52-week high of Rs 1,611.20 while other oil stocks also added up to 2% on Monday. The rise came even as global crude prices remained…