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  • Lower GRMs amid high crude price may drag down performance of state-run OMCs

    Singapore GRMs have fallen below $4 per barrel in April—lowest since October 31—compared to around $10 per barrel in February, highest so far in 2024.

  • RIL may record 17% growth in Q4 operating profit, single-digit rise in topline, bottomline

    Analysts will watch out for more clarity on the Rs 75,000-crore investment in the new energy business, growth in retail store additions and pricing in the telecom business

  • Has Reliance stock factored in robust Q3?

    Reliance Industries put up a strong set of quarterly results, with both gross refining margins and petchem business coming ahead of many analysts' expectations.

  • 'One of the best ever performances RIL has put up'

    Mayuresh Joshi of Angel Broking said the RIL's gross refining margins (GRMs) were in line with expectations while numbers of the refining business were ahead of expectations.

  • Inventory gains, refining margins boosted Q1 earnings: BPCL

    In an interview with CNBC-TV18, P Balasubramanian, Director Finance of BPCL said inventory gains and high refining margins helped in stable June quarter earnings.

  • No gamble this: Despite doubling, OMC stks may run further

    In an interview with CNBC-TV18‘s Sumaira Abidi and Reema Tendulkar, Edelweiss oil & gas analyst Jal Irani shared details of the firm‘s latest report on shares of oil marketing companies.

  • Essar Energy refining margins rise on capacity addition

    Essar Energy said an expansion in refining capacity and the ability to better process lower-cost heavy crude oils helped firm up refining margins in the third quarter.

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