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FGE In The Media

Indian state oil refiners see strong margins for 2018

Article by: Promit Mukherjee & Nidhi Verma, Reuters
Date Published: February 22, 2018
Who was cited: Sri Paravaikkarasu, Senior Consultant FGE

India state refiners expect their profit margins to hold their strength this year as demand growth accelerates for fuel products amid a record $93 billion spent on infrastructure and stable crude oil prices, company executives and analysts said.

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