Gross refining margins to bottom out soon before recovery, say analysts

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IndiGo, Ceat: Which stocks are on analysts' radar as oil falls below $70?

Current margins are above Rs 10 per litre,” it said.

Elara Securities also expects better GRMs in Q2 on higher availability of Russian crude.

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Category: BusinessFinance

Markets: IndiaSingapore

Topics: Oil marketing companies Gross refining margins OMC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-26 @ 20:04:20 (21 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 346 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 29 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 22727168

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