The fall in OMC stocks came as crude oil prices surged over 3%, with the Brent crude futures rising to $104 a barrel. For Indian oil marketing companies, a sustained rise in crude prices can put pressure on refining and marketing margins.
The fall in OMC stocks came as crude oil prices surged over 3%, with the Brent crude futures rising to $104 a barrel. For Indian oil marketing companies, a sustained rise in crude prices can put pressure on refining and marketing margins.
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