Moneycontrol PRO

you are here: HomeNewsBusinessCompaniesWill multi-year low crude prices impact OMCs?

SHOW NAMES

Trending Topics

Sensex Live RBI MPC Highlights EPack Prefab Shares Pace Digitek IPO Jain Resource Recycling Shares

business

Will multi-year low crude prices impact OMCs?

RS Butola, Former Chairman of IOC says that low prices in terms of absolute numbers do not mean much for the oil marketing companies (OMCs) unless the crack, the difference between the crude oil price and the diesel price is high.

first published: Oct 8, 2014 11:38 am

LATEST VIDEOS

A collection of the most-viewed Moneycontrol videos.

Watch and Follow our leading shows

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347