New Delhi [India], February 4 (ANI): Oil Marketing Companies (OMCs) are likely to face near-term challenges due to multiple factors, including no budgetary support for LPG under-recovery, weak Singapore Benchmark Gross Refining Margins (GRM), and declining integrated margins on auto fuel, according to a report by Dolat Capital.
“In the near term, OMCs will remain under pressure mainly due to (1) the absence of budget supp
OMCs face near-term pressure amid absence of budgetary support for under-recovery on LPG
