Latest Upstream companies News & Updates

New Delhi, April 6 (IANS) Elevated global crude oil prices above $90 per barrel could begin to significantly weigh on earnings of Nifty companies, a report has said.According to Bernstein analysts’ estimates, for every $10 per barrel increase beyond $90, Nifty earnings may decline by 2-3 per cent, with the impact worsening sharply at higher price levels. While crude has a limited direct linkage to the index, its broader macro impact, including inflation, currency depreciation and policy response…