Oil Recoil
The 'Oil Recoil' Phenomenon: Indian State-Owned Oil Firms Navigate Volatile Seas Towards Firming Stock Prices
The financial markets are witnessing a compelling phenomenon, aptly termed the 'Oil Recoil,' where significant shifts in global crude oil prices trigger a pronounced reaction in the stock performance of oil firms. This dynamic has recently brought state-owned Indian Oil Marketing Companies (OMCs) like Bharat Petroleum Corporation Ltd