Aramco has lost half of its production capacity after attacks on its facilities on Saturday and it remains unclear how long it will take the company to fix the damage.
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Analysts said the rise in crude oil futures was largely in tandem with a firm trend in markets here.
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Brent crude futures rose 23 cents, or 0.4 per cent, to $61.04 a barrel by 0650 GMT. US West Texas Intermediate (WTI) futures was up 28 cents, or 0.5 per cent, to $56.03 a barrel.
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ONGC Petro additions Ltd (OPaL), majority-owned by ONGC, is primarily a polymer manufacturer, a chemical compound used in everything from textiles to plastics and packaging.
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Consumption of fuel, a proxy for oil demand, totalled 17.04 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
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This investment is being made for drilling more than 220 oil and gas wells across the state, the company said.
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Iran’s oil exports were slashed by more than 80 per cent due to re-imposed sanctions by the United States.
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The project is expected to cost $60 billion, sources told Reuters at the time, but is still expected to be commissioned in 2025.
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