Oil Companies May Have To Absorb Higher Crude Costs As Negative Sentiment Amid LPG Shortages Makes Price Hikes Difficult: Report

Oil marketing companies (OMCs) in India may have to absorb higher crude oil import costs as raising petrol and diesel prices remains difficult amid negative public sentiment due to LPG shortages, according to a report by Kotak Institutional Equities.The report noted that the ongo

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