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CNBC TV18 - Markets 96d ago
Standalone refiners Chennai Petro, MRPL under pressure as OMCs sell fuel below cost
In a bid to shield consumers from a sharp rise in fuel costs, OMCs have kept retail prices unchanged even as global crude prices moved past $100 per barrel.
GLOBALMRPLRETAILSDREAMSV2RETAILConsumer ServicesOil Gas & Consumable Fuels
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CNBC TV18 - Markets 128d ago
Explained — How RIL, MRPL, Chennai Petro may benefit from China's latest move
All the refiners including oil marketing companies (OMCs), all gain in their refining business because of this jump in diesel, according to Dayanand Mittal of JM Financial.
ALLETECJMFINANCILMITTALMRPLOILFinancial ServicesInformation Technology