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    O
    Oil and Gas
    SECTOR | 25 Feb 2025

    Oil & Gas Sector Update Near-term headwinds a...

    buy
    Oil and Gas
    by Prabhudas Lilladhar
    Prabhudas Lilladhar
    softening to US$2.5/bbl amid adequate supply, refining margins are likely to decline sequentially. Gross margins on petrol and diesel too have moderated, which could lead to reduced marketing margins in Q4. On the LPG front, under- Hindustan Petroleum Corporation (HPCL IN)...
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