Fuel Price Slashed | Petrol, Diesel Prices Slashed By Rs 2/Litre; More Pain In Store For OMCs? | RIL

OMCs slash petrol, diesel prices by Rs. 2/litre, as confirmed by market reports. Impact analysis reveals triple blow: Brent crude surges to $85/barrel, Singapore GRMs decline, affecting Indian Oil Corp, HPCL, BPCL, and Reliance. Lower margins to dent annual profits by up to 11%. Future trends uncertain.

#reliance #ril #omcs #fuelprice #brentcrude #etnow #stockmarket
Subscribe To ET Now For Latest Updates On Stocks, Business News, Trading | https://bit.ly/SubscribeToETNow

To Stay Updated Download the Times Now App :-
Android Google Play : https://goo.gl/zJhWjC
Apple App Store : https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

Subscribe Now To Our Network Channels:-
Times Now: https://bit.ly/SubscribeToTimesNow
Mirror Now: https://bit.ly/SubscribeToMirrorNow

Pushed via Slike