Why ONGC Shares Rallied For 4th Session Today

ONGC shares rose nearly 1 per cent to extend their gains for the fourth straight day, tracking the rising trend in global crude prices. Including today, ONGC shares are up over 4 per cent in last four sessions, outperforming the Nifty, which is unchanged.  Crude oil prices have nearly doubled since hitting decade lows in early 2016 as strong demand and supply disruptions erode a glut that had pulled down prices by as much as 70 per ...