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Oil India Shares Trade In Green Depsite 23.84% Dip In Yearly Profits

In the segment-wise standalone results published, although the public-owned enterprise bettered its Q4 results, its year's results have clearly diminished. Here, as per the exchange filing, the standalone profit (before tax) stands at Rs 6,745.40 crore in March 2024, compared to Rs 8,857.04 crore in March 2023. There by exhibiting a decline of a massive 23.84 per cent.
Oil India Maharatna Central Public Sector Enterprises Green For Oil India Decline For

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Oil Up For 3rd Day In a Row As Fed Proves Less Hawkish

Brent crude is up 1.55% today, rising for the third day in a row following Federal Reserve Chairman Jerome Powell’s unexpectedly less hawkish statement on Tuesday, which appears to have given risk appetites a bit of a boost
Hong Kong Saudi Arabia United States Technical Fault Forces Huge Norwegian Oilfield Offline Renewable Energy Surge Signalsa Tipping Point Imminent Oil Supply Shortage

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