Why Oil Marketers May Be Staring At Lower Profits In Q1

Why Oil Marketers May Be Staring At Lower Profits In Q1
Jun 07 2021, 8:02 AM
June 07 2021, 8:02 AM
June 07 2021, 8:02 AM
Lower inventory gains, high retail fuel prices and pressure on the refining segment may lower profits for India’s oil marketing companies sequentially in the quarter ending June, a period when a deadlier second wave of the coronavirus pandemic slowed down demand.Early estimates available on Bloomberg showed that adjusted earnings per share of Indian Oil Corp. and Bharat Petroleum Corp. stood at Rs 4.38 and Rs 11.26, respectively, in ...
Lower inventory gains, high retail fuel prices and pressure on the refining segment may lower profits for India’s oil marketing companies sequentially in the quarter ending June, a period when a deadlier second wave of the coronavirus pandemic slowed down demand.

Related Keywords

Bloomberg Quint ,Bloomberg ,Quintillion Media ,Hindustan Petroleum Corporation Ltd ,Indian Oil Corporation Ltd ,Bharat Petroleum Corporation Ltd ,Yerwada Central Prison ,Mikesh ,Hijacker ,Bqblue ,ப்ளூம்பெர்க் குவிண்ட் ,ப்ளூம்பெர்க் ,ஹிந்துஸ்தான் பெட்ரோலியம் நிறுவனம் லிமிடெட் ,இந்தியன் எண்ணெய் நிறுவனம் லிமிடெட் ,பாரத் பெட்ரோலியம் நிறுவனம் லிமிடெட் ,ஏறுவத மைய ப்ரிஸந் ,