Oil prices remained stable amidst geopolitical tensions in the Middle East and Russia, coupled with concerns over trade tariffs impacting fuel demand. Escalating conflict in Gaza and Ukrainian drone strikes on Russian energy facilities added to market uncertainty. The EU’s planned ban on Russian LNG imports and NATO’s accusations against Russia further influenced the oil market.
KEC International shares climb 7% on Rs 1,754 crore order win
KEC International shares rose nearly 7% on Tuesday after the infrastructure EPC firm announced fresh orders worth Rs 1,754 crore across its Transmission & Distribution