मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
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Refining margins of state-run oil firms drop
Hindustan Times Rajasthan
|December 16, 2024
NEW DELHI: Gross refining margins (GRM) of public sector oil marketing companies (OMCs) have fallen by up to 80% in the first half of this financial year, showed data from the Petroleum Planning & Analysis Cell (PPAC), amid shrinking discounts of Russian oil and declining prices in global markets, experts said.
Mangalore Refinery and Petrochemicals Ltd (MRPL), a public sector enterprise under the petroleum ministry and a subsidiary of Oil and Natural Gas Corp. Ltd (ONGC), reported the biggest drop in its refining margins, which fell 80.17% to $2.56 per barrel during the April-September period from $12.91 in the same period last fiscal.
The GRM of Chennai Petroleum Corp. Ltd (CPCL), a group company of state-run Indian Oil Corp. Ltd (IOCL) fell 71.66% to $2.93 per barrel from $10.34 in the same one-year period, showed the reported titled Monthly Ready Reckoner for November.
यह कहानी Hindustan Times Rajasthan के December 16, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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