SENSEX
NIFTY
GOLD
USD/INR

Weather

image 31    C

Business News

The Economic Times

Business / The Economic Times

details

$200 crude oil scenario: How Reliance Industries, ONGC & OMCs stack up

Global oil prices are soaring, threatening India's import-reliant economy. A potential $200 per barrel scenario looms, impacting refiners and oil marketing companies severely. While Reliance Industries shows resilience, upstream players like ONGC face price caps. Gas companies grapple with supply route disruptions, potentially affecting industrial users and CNG availability.

18 Mar 2026 9:29 am