Moneycontrol
Last Updated : Mar 27, 2018 04:18 PM IST | Source: CNBC-TV18

Aim to equip all co pumps in Delhi with BS VI fuel by April 1: IOC

The gross refining margins (GRMs) currently are around USD 6-9 per barrel range and expect to sustain them at those levels, said BV Rama Gopal, Director of refineries, Indian Oil.

CNBC TV18 @moneycontrolcom

Indian Oil Corporation has committed to equip all of its petrol pumps in Delhi with BS VI fuel by the first of April.

BV Rama Gopal, Director of refineries, Indian Oil told CNBC-TV18 that by April 1, all of their 187 pumps in Delhi will be equipped only with BS VI fuel.

On the higher oil prices impacting their GRMs, he said as refiners they always want the oil prices to be low and expect it to hover around USD 65-66 per barrel of next one-two years.

The gross refining margins (GRMs) currently are around USD 6-9 per barrel range and expect to sustain them at those levels, said Rama Gopal.
First Published on Mar 27, 2018 04:12 pm
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