A Study on Fundamental Analysis of Selected Oil and Gas Companies at Edelweiss Broking Ltd, Bangalore.

Abstract

The oil and gas industries play a positive role within the worldwide political and financial state of affairs. It caters to 60% of the world's energy demand. Crude oil, coal, natural gas, nuclear energy and hydropower contributed 38%, 29%, 25%, 2% and 6% of the world‟s energy demand respectively, with 1% coming from solar, wind, wood, tidal and geothermal sources. India ranks 4th in phrases of oil and petroleum consumption and imports after America, China and Japan. India is taking powerful and efficient steps to broaden diverse renewable energy assets (EIA, June 2014). It is envisioned that oil and natural gas occupy the first and second positions respectively and will become the sector's top power resources through 2040. Global demand for natural fuel will exceed 60%. The increase in oil and gas demand for is anticipated to return from developing international locations like India and China whose oil consumption is expected to increase by 3.8% and a couple of 4% respectively. Therefore, people are trying to take a look at the monetary reputation of decided on oil and gas companies in India.