Indian Oil Corporation Limited's integrated margin stood at US$12.6 per barrel—including an LPG loss of US$1.5/bbl—which was ...
UBS noted that India’s diversified crude sourcing continues to cushion the impact of global geopolitical shifts. The ...
Kotak Institutional Equities lifts IOC, BPCL, HPCL ratings to ‘reduce’ from 'sell' on significant recovery in fuel marketing margin, as oil retailers’ earnings outlook brightens after crude prices ...
Oil marketing company (OMC) stocks are not out of the woods yet despite recent optimism over the US-Iran peace deal. Analysts said uncertainty persisted, particularly around the nuclear deal. There ...