Short Abstract

There is a crumbling effect on crude oil prices across different countries due to the Russian-Ukraine war. The present study aims to determine whether oil prices in global markets have spillover effects on Indian prices The first stage of our study examines the price momentum of Indian oil companies’ shares on the BSE during the Russian-Ukraine war In the second stage we examine the relationship between global crude oil prices and Indian crude oil prices. According to the results, there is spillover of 2.4%.

Key words: Spill over, Crude oil pricing. Pricing Strategy