Companies direct correlation with crude oil

As crude oil per barrel price is getting slashed day by day. If I want to invest in companies which rise or fall directly with crude oil prices , what are my options? Is it like ONGC, IOC, BPCL?

Is there a crude oil ETF in India?

I would also like to know if there is an equivalent of USO in India.

Nope. The only way to play this oil producers, refiners, and companies that have direct linkages to oil.

So in other words, I should YOLO on IOC puts?

Your words, not mine :stuck_out_tongue: