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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
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
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