Indian oil companies like IOC, BPCL, and HPCL may see lower profits. This is because they might keep petrol and diesel prices steady to fight inflation. Crude oil prices have risen, impacting costs. S&P Global Ratings suggests the government could intervene w…
New Delhi: S&P Global Ratings on Wednesday said profit margins of oil marketing companies like IOC, BPCL and HPCL, could suffer as they are likely to keep retail prices of petrol and diesel uncha… [+2478 chars]
