India bridging the Gulf with oil diplomacy

India bridging the Gulf with oil diplomacy

For the first time since the global oil shock of 1973, India’s faltering steps towards energy security have given way to a holistic oil diplomacy that lays stress on personal chemistry, combining it with trade-offs and a strategic vision.

Inventory loss to eat into profits of downstream oil companies

Inventory loss to eat into profits of downstream oil companies

Despite expectations of a relatively better performance on the gross refining margins (GRMs) front for domestic oil marketing companies, we expect the Q3 FY19 performance to remain dented owing to the burden of heavy inventory losses due to steep correction in global crude prices.

1 2 3 68