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Indian refining industry: Expecting nothing spectacular in 2018
Feb 19:
How is the Indian refining industry going to pan out in 2018?
8Earnings will be flat for downstream oil companies as managing refining and marketing margins at current high levels will be a feat in itself
8Earnings last year were inflated by very high inventory gains but that will not repeat this year.
8The gross auto fuel marketing margins to remain in the range of Rs1.9-2/liter despite the likelihood of increased competition from private players and imposition of price control in the run up to the elections
8It is already known that oil companies stopped oil prices from going up before the Gujarat state elections despite the increase in crude prices, which resulted in a blip in their margins.
8The website documents here how monthly marketing margins have behaved among these companies over the last one year.
Click on Reports for more
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8Earnings will be flat for downstream oil companies as managing refining and marketing margins at current high levels will be a feat in itself
8Earnings last year were inflated by very high inventory gains but that will not repeat this year.
8The gross auto fuel marketing margins to remain in the range of Rs1.9-2/liter despite the likelihood of increased competition from private players and imposition of price control in the run up to the elections
8It is already known that oil companies stopped oil prices from going up before the Gujarat state elections despite the increase in crude prices, which resulted in a blip in their margins.
8The website documents here how monthly marketing margins have behaved among these companies over the last one year.
Click on Reports for more
