(EnergyAsia, July 22, Tuesday) — The shares of Indian downstream oil firm Hindustan Petroleum Corporation hit a 52-week low of Rs165.60 in early July as crude oil soared to over US$144 per barrel. (US$1 = Rs42.60). This is a sharp decline from the Rs405.90 high the stock traded at the start of the year. Hindustan…
INDIA: Hindustan Petroleum shares plunge amid soaring oil price
Posted on July 21, 2008 by EnergyAsia