BusinessPhoto: NDTV BusinessChennai Petro Shares Drop Nearly 6% as Crude Oil Falls Below $104
Chennai Petroleum Corporation Ltd.'s shares fell 5.9% on Thursday as crude oil prices dropped below $104 per barrel despite ongoing energy supply issues. The stock hit a low of Rs 1,455.30 on the NSE before recovering slightly to Rs 1,460. Brent crude slipped to $104.3 per barrel amid regional tensions, including a cargo ship sinking in the Strait of Hormuz and attacks on Saudi energy units by Iran-backed Houthis.
NDTV Business··Chennai



