[ad_1] Oil prices rose for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle East ceasefire and focused on a tightening global supply and demand balance. Brent crude futures for December delivery were up $1.94, or 2.6%, to $76.23 at 12:24 a.m. ET (1624 GMT). U.S. West Texas Intermediate futures for […]
Crude Oil Prices Surge: A look at how OMCs, Paint stocks fared – CNBC TV18
[ad_1] SUMMARY The decline in OMCs, paint and tyre stocks are attributed to rising crude oil prices, as both industries rely heavily on petroleum-based raw materials for production. By CNBCTV18.com October 3, 2024, 4:17:19 PM IST (Published) 1 / 8 Shares of oil marketing companies, paints and tyre companies declined as much as 6% on Thursday. […]