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Rising Freight Prices, $95 Diesel Crack, $16 Crude Premium: What Happens Next For Energy Stocks? Jefferies Weighs In
Jefferies estimates OMCs are currently making losses of around Rs 11 per litre on petrol and Rs 16 per litre on diesel based on 15-day average pricing, although the losses have narrowed from the levels seen in Q1FY27.
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