business

Fuel demand to ring-fence oil & gas biz; BPCL top pick: Citi

The government‘s currency overhaul, or demonetisation drive, is unlike to impact oil and gas businesses in the near term as fuel demand look good, according to Citi Group. Saurabh Handa, oil and gas analyst at Citi Group said that he is quite positive on the sector and stock valuations are reasonable.

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