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Volatility in oil prices, uncertain petroleum demand impacting Indian OMCs

An output cut, at best, will put a floor to the falling crude prices, but it may not stabilise demand-supply dynamics.

Topics
Crude Oil Price | Petroleum sector | oil marketing companies

Amritha Pillay  |  Mumbai 



oil, prices, crude
OMCs have so far maintained product prices in the marketing segment, which may act as a buffer for any increase in crude oil prices.

Volatility in crude oil prices and an uncertain petroleum demand over the last fortnight have come as a cause for concern for (OMCs).

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First Published: Fri, April 03 2020. 22:57 IST

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