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Broker call▼ Bearish for Indian Oil

Rising Freight Prices, $95 Diesel Crack, $16 Crude Premium: What Happens Next For Energy Stocks? Jefferies Weighs In

1 source · first seen 08:47 1 Oct · updated 08:47 1 Oct

The brief

Written from 1 report · check the source before you trade
  • Jefferies estimates OMCs are losing around Rs 11 per litre on petrol and Rs 16 on diesel
  • Fuel under-recoveries threaten Indian OMC margins, including those of IOCL, BPCL and HPCL

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Linked by the tag HPCL

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1 report · earliest 08:47
NDTV ProfitRising Freight Prices, $95 Diesel Crack, $16 Crude Premium: What Happens Next For Energy Stocks? Jefferies Weighs In08:47