Project News Details
Title
OMCs’ profits to drop to $12-14 per barrel in FY25 as diesel spreads narrow
Detail
The drop is attributed to softening diesel spreads, reduced discounts on Russian crude, and inventory losses, with crude oil prices averaging $75 per barrel, down from $82 in the first half of the fiscal year.
Country
India
Source
ET Energy World
Regions
Asia SAARC Countries South Asia
Sectors
Railways-Rail-Railroad Construction
Published Date
24.10.2024
Original Url
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