Oil producers anticipate robust earnings for the March quarter due to soaring crude prices. Conversely, fuel retailers and city gas firms face weaker results. Higher crude oil prices boost producer profits. Stable fuel prices pressure marketing margins for companies like IOCL, BPCL, and HPCL. Gas utilities grapple with supply disruptions and higher LNG costs.
​Oil producers anticipate robust earnings for the March quarter due to soaring crude prices. Conversely, fuel retailers and city gas firms face weaker results. Higher crude oil prices boost producer profits. Stable fuel prices pressure marketing margins for companies like IOCL, BPCL, and HPCL. Gas utilities grapple with supply disruptions and higher LNG costs. by Soban News (international And National News)
