Why Oil ministry is a corporate espionage haven?

Oil Ministry is a place where ​corporate espionage had been waiting to happen. Here is a list of how the information leaked or stolen from the ministry affects the market.

Payment of fuel subsidy:

Changes share price of IOC, BPCL, HPCL, ONGC

Crude oil purchase plans:

International oil traders can make a killing

Performance Review of state firms:

Affects share price of blue chip oil firms

Strategy on court cases:

Rivals can use this to strengthen their arguments

Policy formulation:

Affected parties use information to lobby for their cause

Country's fuel stock position:

Helps foreign traders anticipate crude oil purchases

READ ALSO: How it unfolded, what was leaked

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