Crude Price Surge Hits Oil Stocks

Reliance, BPCL, Castrol, HPCL Up To 3%

Oil Prices Surge Due to Middle East Conflict

Oil prices jump 4.5% on market concerns stemming from Israel-Hamas conflict in the Middle East

Potential Disruption in Oil Supplies

Analysts fear oil supply disruption if Iran, a Hamas supporter, gets involved, spiking crude prices

Stocks in Focus

HPCL down 2.7%, BPCL down 2.2%, Castrol down 1.2%, Reliance down 0.5% as oil prices rise

Specific Price Changes

Brent crude rises by 4.94%, hitting $88.76, and West Texas Intermediate crude rises by 5.11% to $87.02