Dream run of declining net debt level for 3 state-run oil marketing companies has hit rock-bottom
With refining margins at seven-month lows and demand remaining soft, concerns are rising
Decline in refining margins in September quarter a blip; these are likely to rebound and support profit
The staggered increase in kerosene rate may not have the same impact of freeing up the fuel price as for diesel
Direct benefit transfer to be launched on August 1
The prohibition has freed up as much as 60 million litres of ethanol