18 Feb 2026 | 3 Mins Read
ONGC, Oil India stocks fall due to market volatility
Flipitmoney
Crude oil prices fell, with Brent futures dropping 3 cents to $67.39 and WTI crude falling 5 cents to $62.28. Upstream oil companies like ONGC and Oil India tumbled up to 4% due to lower prices, which reduce revenue and profit margins. Iran-US talks reached a "guiding principle" understanding, but analysts remain sceptical about a breakthrough.