OIL NEWS why is Oil India Limited price falling or rising

OIL NEWS reasons for why stock price of Oil India Limited is falling or rising

OIL Oil India is falling or rising technical reasons

Technical analysis forecast for Oil India Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Oil India OIL at this time. Stock is falling and might fall more.

It appears as if Oil India OIL gave a large move recently.

Stock of Oil India (OIL) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Oil India is bearish for shortterm, and stock might move down till 436.8 or till 411.8. Use a stoploss of 457.72 and if the stock hits stoploss, then it can shoot up till 478.61

OIL Oil India is falling or rising NEWS fundamental reasons

Company Announcement Oil India Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2025-01-10

BP projects 44% jump in oil output from India's largest field, ONGC says BP will increase oil production by 44% and gas output by 89% from India's largest field off its west coast. ONGC named BP as its technical service provider. The increase in production is expected from next fiscal year with full-scale visibility by 2027-28. - NEWS as on 2025-01-09 indiatimes.com

Sunil Subramaniam advises caution on OMCs, sees stable oil prices ahead ​So, I would say the guidance will give a clear direction and I am expecting good guidance from IT, for example, from pharma, those both being external oriented. Banks are going to be a mixed bag, but I would still back them in the sense that I would say - NEWS as on 2025-01-09 indiatimes.com

ONGC engages BP to boost production in largest oil field India’s Oil and Natural Gas Corp (ONGC) announced that BP will provide technical services to boost oil and gas output from the Mumbai High field, India’s largest producing field. BP aims to increase production by up to 60% from the field, whose output - NEWS as on 2025-01-08 indiatimes.com

Exxon Mobil warns of lower oil prices and tighter refining margins - NEWS as on 2025-01-08 marketwatch.com

Oil & Gas, financials lead FPI outflows in H2 of December Bhamre said that oil marketing companies such as HPCL and BPCL are witnessing profit booking after gains, and stocks such as Indraprastha Gas and Mahanagar Gas are under pressure as they are not expected to get subsidised gas anymore. - NEWS as on 2025-01-07 indiatimes.com

ISPRL plans oil reserve in Madhya Pradesh; Bina proposed as potential site State-owned Indian Strategic Petroleum Reserves (ISPRL) plans to build a strategic reserve in Madhya Pradesh, serving inland refineries during supply emergencies. Engineers India (EIL) will conduct the pre-feasibility study. Bina and Bikaner are potential - NEWS as on 2025-01-06 indiatimes.com

Post-Adani exit, Wilmar to emulate ITC; leverage cash-cow oil business to expand FMCG portfolio Adani Wilmar Ltd (AWL) is leveraging its dominant edible oil business to drive growth in its high-margin FMCG portfolio following the Adani Group's exit. With a 24% FMCG business growth in volume and a strong distribution network, AWL plans to introduce mo - NEWS as on 2025-01-05 indiatimes.com

India's Marico estimates higher quarterly revenue growth on cooking oil demand Indian consumer goods firm Marico on Friday estimated its consolidated quarterly revenue will rise in the mid-teen percentage range, boosted by improving rural consumption and higher demand for its Parachute and Saffola brands of oils. - NEWS as on 2025-01-03 indiatimes.com

Oil, gas demand to remain strong in FY26: India Ratings India's oil and gas demand is expected to stay strong in FY26. Weak global demand could lower refining margins. Downstream companies' credit profile should remain stable because of healthy demand and marketing margins. Upstream companies' earnings may fall - NEWS as on 2025-01-02 indiatimes.com

Oil rises as investors return from holidays, eye China recovery On the first trading day of 2025, oil prices saw a modest increase, driven by optimism over China's economic and fuel demand recovery following President Xi Jinping's pledge to promote growth. Investors are cautiously gauging U.S. President-elect Donald Tr - NEWS as on 2025-01-02 indiatimes.com

Oil prices rise 2% on China optimism as investors return from holiday Oil prices rose about 2% on the first trading day of the new year, fueled by optimism surrounding China's commitment to economic growth. Data highlighting China's mixed manufacturing activity and growing U.S. fuel inventories tempered gains. Analysts eye U - NEWS as on 2025-01-02 indiatimes.com

Indian Oil Corp. stock price 0.48 per cent as Sensex As of 30-Sep-2024, promoters held 51.5 per cent stake in the company, while FIIs held 7.9 per cent and domestic institutional investors had 2.98 per cent. - NEWS as on 2024-12-31 indiatimes.com

Reliance seeks premium for oil from KG block Reliance Industries Ltd and BP are looking to sell crude oil from their KG-D6 block in the Bay of Bengal. They are seeking a premium of at least USD 3.5 per barrel over the benchmark price. The bidding is open for domestic refiners, and the crude will be d - NEWS as on 2024-12-30 indiatimes.com

Company Announcement Oil India Limited has informed the Exchange regarding 'Payment of Call money against Right Issue '. - NEWS as on 2024-12-09

Company Announcement - NEWS as on 2024-11-21

OIL announced a dividend of Rupees 3 per share, which makes a dividend yield of 0.63 based on current price. Effective date of this dividend is 14 Thu Nov 2024 - NEWS as on 2024-11-14 MunafaSutra.com

OIL announced a dividend of Rupees 3 per share, which makes a dividend yield of 0.62 based on current price. Effective date of this dividend is 14 Thu Nov 2024 - NEWS as on 2024-11-13 MunafaSutra.com

OIL announced a dividend of Rupees 3 per share, which makes a dividend yield of 0.6 based on current price. Effective date of this dividend is 14 Thu Nov 2024 - NEWS as on 2024-11-12 MunafaSutra.com

Company Announcement Oil India Limited has informed the Exchange regarding a press release dated November 07, 2024, titled "Oil India wins critical mineral block in Arunachal Pradesh". - NEWS as on 2024-11-08

Company Announcement Oil India Limited has informed the Exchange that Board of Directors at its meeting held on November 05, 2024, declared Interim Dividend of 3 per equity share. - NEWS as on 2024-11-06

Company Announcement Oil India Limited has informed the Exchange regarding 'We write further to our letter of even no. dated 30.10.2024 regarding Conference Call for Q2 Financial Results (F.Y. 2024-25) and inform that the commencement time of Concall has been revised to 10:00 - NEWS as on 2024-11-04

More announcements and NEWS

OIL Oil India Limited current price & indicator signals

Moving Averages for Oil India Limited

  • 5Day Average: 469.32
  • 12Day Average: 452.7
  • 20Day Average: 446.81
  • 50Day Average: 471.51
  • 100Day Average: 534.24
  • 150Day Average: 561.64
  • 200Day Average: 578.06

OIL Indicators & signals

Indicator MACD (12,26,9)

459, 459.74, -6.44
Indicator MACD is in negative zone

Indicator ADX (14)

1.27, 22.83, 22.26
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of OIL Oil India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 455.85 454.50 to 471.65 -2.39% 0.63 times
09 Thu Jan 2025 467.00 454.00 to 490.00 -5.02% 1.62 times
08 Wed Jan 2025 491.70 473.65 to 494.55 3.66% 1.27 times
07 Tue Jan 2025 474.35 460.00 to 478.65 3.64% 0.92 times
06 Mon Jan 2025 457.70 455.55 to 485.55 -4.86% 0.49 times
03 Fri Jan 2025 481.10 466.00 to 491.25 3.84% 2.09 times
02 Thu Jan 2025 463.30 435.55 to 467.00 5.99% 1.53 times
01 Wed Jan 2025 437.10 428.30 to 438.45 1.47% 0.24 times
31 Tue Dec 2024 430.75 417.90 to 437.15 2.24% 0.54 times
30 Mon Dec 2024 421.30 415.20 to 433.95 -0.91% 1.12 times
27 Fri Dec 2024 425.15 421.80 to 429.55 -0.44% 0.17 times
26 Thu Dec 2024 427.05 422.10 to 429.00 0.34% 0.2 times

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