Oil Stocks Rise Amid Fall In Global Crude Oil Prices

Oil & gas stocks were trading with gains during morning trade on Monday amid a decline in global crude oil prices after Russia, the US and Saudi Arabia said they will increase the output to ease oil production cuts. The BSE Oil & Gas index was trading 2.55 per cent up at 14,294 around 09:50 am with all stocks in the green. Equity markets were up amid positive global cues as signals of the revival of US-North Korea talks cheered investors. A fresh fall in crude oil prices and strengthening rupee also gave hope to investors. For Any More Information Please Visit : www.paceresearchindia.com and Call : 8817774774