Oil India Limited has issued a clarification regarding a recent increase in the company’s scrip volume. The company stated that there is no undisclosed information or announcement that would account for this increase. The company also noted that crude oil prices, which impact their business, have seen an increase from USD 60 to approximately USD 68 recently.
Response to Volume Increase Query
Oil India Limited is responding to queries regarding a recent increase in the trading volume of its shares. The company confirms that there is no undisclosed information that could explain the change.
Crude Oil Market Factors
Oil India acknowledges that crude oil prices affect the company’s performance. The company highlighted that crude oil prices have increased from approximately USD 60 (on January 7, 2026) to around USD 68 (on January 28, 2026), representing an increase of over 13% in the last three weeks.
Source: BSE
