Downstream: We expect OMCs to report weak Q3 given lower inventory gains and muted refining profits. Benchmark refining margins for Q3 were at US$1.2/bbl vs USD0.0/bbl in Q2. Gasoline and diesel spreads have been largely flat QoQ. With crude prices improving to USD50/bbl for Q3 end, we expect inventory gains of Rs59bn for Q3....