Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Diesel crack surge, INR depreciation and retail tailwinds support Reliance outlook: JP Morgan
The Daily Guardian
|October 02, 2025
Reliance Industries Limited (RIL) is expected to benefit from the recent surge in diesel cracks, seasonal demand, and depreciation of INR, according to a report by JP Morgan, which has maintained an Overweight (OW) rating on the stock with a September 2026 price target of Rs 1,695.
Diesel cracks have risen sharply over the past month--from around USD 16/bbl to approximately USD 20/bbI--driven by falling Russian diesel exports. JP Morgan estimates these exports have declined by about 200kbpd since early August, from 880kbd to 693kbd by the end of that month.
A diesel crack refers to the profit margin refiners earn by converting crude oil into diesel. Its the difference between the price of diesel and the price of crude oil.
The report further added that Russia’s planned partial ban on diesel exports for September and October could reduce volumes to below 620kbd.
Dit verhaal komt uit de October 02, 2025-editie van The Daily Guardian.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Daily Guardian
The Daily Guardian
7 booked after doctor assaulted at BRIMS
A 28-year-old government doctor at the Bidar Institute of Medical Sciences (BRIMS) was assaulted by a patient's attendants in the early hours of May 22 following an argument over X-rays during emergency treatment.
1 min
May 23, 2026
The Daily Guardian
Delhi-NCR transport strike enters day two
Protests by commercial vehicle operators and taxi unions across Delhi-NCR entered their second day on Friday, with drivers opposing the hike in fuel and CNG prices for commercial vehicles and demanding an immediate fare revision.
1 min
May 23, 2026
The Daily Guardian
From metro to metropolis: Vision for integrated governance
Lieutenant Governor of Delhi Taranjit Singh Sandhu on Friday outlined the way forward for Delhi to emerge as a ‘metropolis’, from its existing structure as a ‘metro’, LG Secretariat officials said in a press note.
1 mins
May 23, 2026
The Daily Guardian
Twisha Sharma case: Husband reaches Jabalpur court to surrender
Samarth Singh, husband of Twisha Sharma, who was found dead at her matrimonial home in Bhopal on May 12, reached the Jabalpur court on Friday to surrender in the case.
2 mins
May 23, 2026
The Daily Guardian
Xi-Trump drink from the holy Grail of Strategic Engagement
The Calm Before the Storm
5 mins
May 23, 2026
The Daily Guardian
Rubio says Iran talks moving, but key demands remain
A final draft of a possible agreement between the United States and Iran could be announced within hours, Al Arabiya reported on Friday, citing sources aware of the matter, even as Washington kept up pressure on Tehran over its nuclear stockpile and the Strait of Hormuz blockade.
2 mins
May 23, 2026
The Daily Guardian
Manipur on edge as six Naga men remain missing
One week after armed men abducted a group of Naga civilians in Manipur’s Kangpokpi district, the fate of six missing men remains unknown, deepening fears of fresh ethnic unrest in the violence-hit state.
2 mins
May 23, 2026
The Daily Guardian
Delhi riots case: HC grants interim bail to Umar Khalid
The Delhi High Court on Friday has granted interim bail to Umar Khalid in the 2020 Delhi riots conspiracy case.
1 min
May 23, 2026
The Daily Guardian
INDIA, CYPRUS FORGE STRATEGIC PARTNERSHIP AMID EU PUSH
India and Cyprus have elevated ties to a Strategic Partnership, pushing cooperation beyond diplomacy into defence, trade, technology and Europe-focused connectivity.
2 mins
May 23, 2026
The Daily Guardian
Ashmita Chaliha crashes out of Malaysia Masters quarterfinals
India’s campaign at the Malaysia Masters 2026 tournament in Kuala Lumpur came to an end on Friday after shuttler Ashmita Chaliha lost to Denmark’s Line Kjaersfeldt in the women's singles quarterfinal, according to Olympics.com.
1 min
May 23, 2026
Listen
Translate
Change font size