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Akshay Patel

4th Apr 2025 · SEBI-Registered Analyst

Sharp fall in oil prices

Oil prices fall: Oil prices tumbled on Thursday to settle with their steepest percentage loss since 2022 after OPEC+ agreed to a surprise increase in output the day after US President Donald Trump announced sweeping new import tariffs. Both

ONGC
and Oil India Limited are upstream oil companies, meaning they are involved in the exploration, development, and production of oil and gas resources.

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