💨 Abstract
Fitch Ratings predicts an increase in Indian oil marketing companies' EBITDA in 2025-26 due to steady demand growth and falling Brent crude oil prices to USD 70 and USD 65 per barrel. The global agency expects refining margins to hover around USD 5 to USD 6.8 per barrel, with marketing margins remaining healthy. Brent crude is currently trading at USD 75.76.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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