01 June 2012

India Petroleum Insight May 2012 – Further distortion in fuel pricing HSBC Research


Please Share:: Bookmark and Share India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��



India Petroleum Insight
May 2012 – Further distortion in fuel pricing
 Petrol price hike of INR7.60/litre is not only higher than the
current loss but makes it c80% costlier than diesel in India
 Petrochemical margins have inched up despite weak global
sentiment
 Fuel oil spreads have inched higher partly on the
assumption that Saudi will use fuel oil internally and supply
higher quantity of crude to offset lower Iranian exports


No comments:

Post a Comment