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India Equity Research Reports, IPO and Stock News
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OIL & GAS
Current view
q The Brent crude oil price is trading around USD$100/bbls leading to big risk of
under-recoveries for oil marketing companies (OMCs) and also impacting the
upstream exploration PSUs as they also have to bear the subsidy burden. Being
a highly regulated sector, the fortune of the Indian oil and gas sector is
extremely sensitive to government policies. The industry is eagerly anticipating
measures which will encourage profitable activity in the sector. We expect some
incentives in the forthcoming budget for the oil and gas sector.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
OIL & GAS
Current view
q The Brent crude oil price is trading around USD$100/bbls leading to big risk of
under-recoveries for oil marketing companies (OMCs) and also impacting the
upstream exploration PSUs as they also have to bear the subsidy burden. Being
a highly regulated sector, the fortune of the Indian oil and gas sector is
extremely sensitive to government policies. The industry is eagerly anticipating
measures which will encourage profitable activity in the sector. We expect some
incentives in the forthcoming budget for the oil and gas sector.
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