Oil price surge could boost these Chinese stocks, Goldman says

Goldman Sachs analysts predict rising oil prices will benefit CNOOC and PetroChina amid Middle East tensions. Brent crude soared 28% last week. Shares hit 52-week highs on March 3.

Goldman Sachs analysts predict rising oil prices will benefit CNOOC and PetroChina amid Middle East tensions. Brent crude soared 28% last week. Shares hit 52-week highs on March 3.

The reassessment comes as crude oil prices have climbed past $100 per barrel and investors grow increasingly concerned that the conflict in the Middle East could drag on, potentially pushing energy costs even higher.

Kwality Walls shares made their debut on the stock exchanges on February 16, 2026, after the demerger of the ice-cream business from Hindustan Unilever Ltd.

Gujarat Narmada Valley Fertilizers & Chemicals said its supplier, GAIL (India), has received a force majeure notice from its upstream supplier Petronet LNG, citing transit constraints that have affected LNG supplies.

Aluminum rose as much has 1.6% to $3,499.50 a ton, the highest since April 2022, on the London Metal Exchange, following a gain of almost 10% last week as the war snarled shipments from the Persian Gulf. The region accounts…

Crude oil prices are showing no signs of letting off. After the biggest weekly gain on record for US crude last week, prices are up by nearly 30% on Monday, nearing the mark of $120 per barrel. The oil prices…

There are 16 bidders in the fray for the acquisition, including Edelweiss, Premji Invest and Kedaara Capital

Currently, 27 analysts track InterGlobe Aviation. Of these, 22 have a ‘Buy’ rating, three recommend ‘Hold’, while two have a ‘Sell’ rating.

The Indian rupee hit a record low of 92.31 against the US dollar on March 9. Apart from global factors, markets are also tracking domestic fiscal developments.

OMC stocks tend to be negatively impacted by a sharp rise in crude oil prices, as higher raw material costs put pressure on marketing margins and weigh on operating performance.